Post Utme Caleb University 2020 Commerce Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2020 Commerce Objective / Multiple Choice
Question 36 POST_UTME_CALEB_UNIVERSITY • 2020 • COMMERCE • objective

A consumer purchases a product with a price of ₦1,000. If the product is subject to a 5% sales tax, what is the amount the consumer pays?

Answer Options

Correct Answer A. ₦1,050
B. ₦1,000
C. ₦950
D. ₦900
Correct Answer
A
Correct Option:
₦1,050

About This Question

This is Post Utme Caleb University 2020 Commerce Question 36. It is one of the objective questions from the 2020 Post Utme Caleb University Commerce examination.

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