Post Utme Bowen University 2023 Commerce Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice

Question 29 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A company exports 100 units of a product to a foreign country at a price of 10 per unit. If the exchange rate is 1 USD = ₦400, what is the total value of the export in Nigerian currency?

Answer Options

A. ₦1,000,000

B. ₦1,200,000

Correct Answer C. ₦1,400,000

D. ₦1,600,000

Correct Answer

Correct Option:

₦1,400,000

About This Question

This is Post Utme Bowen University 2023 Commerce Question 29. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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