Post Utme Futo 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2023 • COMMERCE • objective

A company's warehouse is storing goods worth ₦10,000,000. The company's inventory manager estimates that the goods will depreciate by 10% each month. What is the total depreciation of the goods over a period of 6 months?

Answer Options

A. ₦600,000
B. ₦800,000
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 Futo 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Futo Commerce examination.

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