Post Utme Christopher University 2018 Commerce Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2018 Commerce Objective / Multiple Choice
Question 28 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • COMMERCE • objective

A firm imports goods worth ₦500,000 from a foreign country. If the exchange rate is 1 USD = ₦200, how much is the import duty?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Christopher University 2018 Commerce Question 28. It is one of the objective questions from the 2018 Post Utme Christopher University Commerce examination.

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