Post Utme Bells University 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Bells University Commerce examination.

Post Utme Bells University 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BELLS_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering two different modes of payment for its goods: cash and credit. The cost of payment by cash is ₦100 per unit, while the cost of payment by credit is ₦120 per unit. If the firm needs to pay for 1000 units of goods, what is the total cost of payment by credit?

Answer Options

Correct Answer A. ₦120,000
B. ₦100,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Bells University 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Bells University Commerce examination.

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