Post Utme Igbinedion University 2018 Commerce Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2018 Commerce Objective / Multiple Choice
Question 12 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • COMMERCE • objective

A company has a production cost of ₦100,000 and a selling price of ₦150,000. If the company sells 500 units of the product, what is the profit?

Answer Options

A. ₦250,000
Correct Answer B. ₦375,000
C. ₦500,000
D. ₦750,000
Correct Answer
B
Correct Option:
₦375,000

About This Question

This is Post Utme Igbinedion University 2018 Commerce Question 12. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.

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