Post Utme Babcock University 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering exporting its products to a foreign market. The company's current price is ₦10,000 per unit, while the foreign market price is ₦12,000 per unit. If the company wants to earn a profit of 20%, what is the minimum price it should charge for its products in the foreign market?

Answer Options

A. ₦14,400
B. ₦15,200
C. ₦16,000
Correct Answer D. ₦17,600
Correct Answer
D
Correct Option:
₦17,600

About This Question

This is Post Utme Babcock University 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.

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