Post Utme Futo 2025 Commerce Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Futo Commerce examination.

Post Utme Futo 2025 Commerce Objective / Multiple Choice
Question 38 POST_UTME_FUTO • 2025 • COMMERCE • objective

A company's foreign trade involves exporting goods to a country with a different currency. If the exchange rate is 1 USD = 120 JPY, and the company exports goods worth 100,000, what is the equivalent value in Japanese yen?

Answer Options

Correct Answer A. ₦12,000,000
B. ₦12,500,000
C. ₦13,000,000
D. ₦13,500,000
Correct Answer
A
Correct Option:
₦12,000,000

About This Question

This is Post Utme Futo 2025 Commerce Question 38. It is one of the objective questions from the 2025 Post Utme Futo Commerce examination.

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