Post Utme Eksu 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Eksu Commerce examination.

Post Utme Eksu 2022 Commerce Objective / Multiple Choice
Question 11 POST_UTME_EKSU • 2022 • COMMERCE • objective

A firm specializes in producing a single product, which is a type of commodity. If the firm's production costs are ₦150,000 and the selling price is ₦250,000, what is the profit made from the sale of 500 units of the commodity?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦6,000,000
C. ₦7,000,000
D. ₦8,000,000
Correct Answer
B
Correct Option:
₦6,000,000

About This Question

This is Post Utme Eksu 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Eksu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support