Post Utme Babcock University 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2022 Commerce Objective / Multiple Choice
Question 40 POST_UTME_BABCOCK_UNIVERSITY • 2022 • COMMERCE • objective

A consumer purchases a product with a price of ₦20,000. The consumer pays a 10% sales tax and a 5% value-added tax (VAT). What is the total amount paid by the consumer?

Answer Options

A. ₦22,000
B. ₦22,500
Correct Answer C. ₦23,000
D. ₦23,500
Correct Answer
C
Correct Option:
₦23,000

About This Question

This is Post Utme Babcock University 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Babcock University Commerce examination.

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