Post Utme Afe Babalola University 2021 Commerce Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2021 Commerce Objective / Multiple Choice
Question 10 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods worth 100 million. If the exchange rate is 1 USD = ₦500, what is the equivalent value in Nigerian Naira?

Answer Options

A. ₦50 billion
Correct Answer B. ₦60 billion
C. ₦70 billion
D. ₦80 billion
Correct Answer
B
Correct Option:
₦60 billion

About This Question

This is Post Utme Afe Babalola University 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Commerce examination.

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