Post Utme Covenant University 2025 Commerce Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2025 Commerce Objective / Multiple Choice
Question 15 POST_UTME_COVENANT_UNIVERSITY • 2025 • COMMERCE • objective

A company's sole trader has a warehouse with a capacity to store 5000 units of goods. The company uses the First-In-First-Out (FIFO) inventory method. If the warehouse is currently 75% full, and 1500 units of goods are received, what is the new percentage of the warehouse's capacity that is occupied?

Answer Options

Correct Answer A. 62.5%
B. 65%
C. 67.5%
D. 70%
Correct Answer
A
Correct Option:
62.5%

About This Question

This is Post Utme Covenant University 2025 Commerce Question 15. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.

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