Post Utme Bowen University 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_BOWEN_UNIVERSITY • 2025 • COMMERCE • objective

A firm exports 100 units of a product to a foreign country. The product sells for 10 per unit in the foreign market. If the exchange rate is 1 USD = 400 Naira, what is the total value of the export in Naira?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Bowen University 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Bowen University Commerce examination.

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