Post Utme Bowen University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

A consumer purchases a product with a price of ₦10,000 and a warranty period of 2 years. If the consumer pays with a credit card that charges a 5% interest rate, what is the total amount paid by the consumer?

Answer Options

A. ₦10,500
B. ₦10,750
C. ₦11,000
Correct Answer D. ₦11,250
Correct Answer
D
Correct Option:
₦11,250

About This Question

This is Post Utme Bowen University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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