Post Utme Bowen University 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 16 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A company's marketing strategy involves creating a new product line that targets a specific demographic. The company's advertising budget is ₦500 million, and it plans to allocate 30% of this budget to social media advertising. If the company's social media advertising budget is ₦150 million, what is the total marketing budget for the new product line?

Answer Options

A. ₦500 million
Correct Answer B. ₦600 million
C. ₦700 million
D. ₦800 million
Correct Answer
B
Correct Option:
₦600 million

About This Question

This is Post Utme Bowen University 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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