Post Utme Igbinedion University 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • COMMERCE • objective

A consumer purchases a product for ₦10,000 and pays a 10% sales tax. If the product is returned within 30 days, the consumer is entitled to a full refund. However, if the product is returned after 30 days, the consumer is entitled to a 50% refund. What is the total amount the consumer will receive if the product is returned after 30 days?

Answer Options

A. ₦5,000
Correct Answer B. ₦5,500
C. ₦6,000
D. ₦6,500
Correct Answer
B
Correct Option:
₦5,500

About This Question

This is Post Utme Igbinedion University 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Igbinedion University Commerce examination.

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