Post Utme Bowen University 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2024 Commerce Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering a new marketing strategy to increase sales. The strategy involves offering a discount of 15% on all products. However, the company also wants to ensure that the average revenue per customer does not decrease. If the current average revenue per customer is ₦1,500, what is the minimum price at which the company must sell each product to maintain the average revenue per customer?

Answer Options

Correct Answer A. ₦1,300
B. ₦1,400
C. ₦1,500
D. ₦1,600
Correct Answer
A
Correct Option:
₦1,300

About This Question

This is Post Utme Bowen University 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.

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