Post Utme Christopher University 2021 Commerce Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering importing goods from a foreign country. The company expects to earn a profit of ₦1,000,000 from the sale of the goods, but it also expects to incur additional expenses of ₦200,000 due to transportation and customs duties. What is the expected profit from the sale of the goods?

Answer Options

A. ₦800,000
B. ₦900,000
Correct Answer C. ₦1,000,000
D. ₦1,200,000
Correct Answer
C
Correct Option:
₦1,000,000

About This Question

This is Post Utme Christopher University 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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