Post Utme Babcock University 2018 Commerce Question 24
Practice objective / multiple choice question 24 from the 2018 Post Utme Babcock University Commerce examination.
In a foreign trade transaction, a Nigerian exporter agrees to sell 1000 units of goods to a foreign buyer at the exchange rate of ₦500 per unit. However, due to a change in the exchange rate, the exporter is now able to sell the same goods at ₦450 per unit. What is the percentage increase in the exporter's revenue?
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About This Question
This is Post Utme Babcock University 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Babcock University Commerce examination.
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