Post Utme Caleb University 2024 Commerce Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2024 Commerce Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2024 • COMMERCE • objective

A firm exports 100 units of a product to a foreign country. The product is sold at a price of 10 per unit. If the exchange rate is 1 USD = 500 Naira, what is the total value of the export in Naira?

Answer Options

Correct Answer A. ₦1,000,000
B. ₦500,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,000,000

About This Question

This is Post Utme Caleb University 2024 Commerce Question 19. It is one of the objective questions from the 2024 Post Utme Caleb University Commerce examination.

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