Post Utme Bells University 2021 Commerce Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Bells University Commerce examination.

Post Utme Bells University 2021 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BELLS_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering exporting its product to a foreign market. The company has estimated that the cost of exporting the product will be ₦200,000 and the revenue from the sale of the product will be ₦500,000. If the company has a 20% tax rate, what is the net profit from the export transaction?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Bells University 2021 Commerce Question 8. It is one of the objective questions from the 2021 Post Utme Bells University Commerce examination.

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