Post Utme Igbinedion University 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • COMMERCE • objective

A consumer purchases a product with a price tag of ₦5,000. The consumer is entitled to a discount of 10% if the product is paid for in cash. However, the consumer decides to pay by credit card and is charged an additional 5% interest on the purchase price. What is the total amount the consumer pays?

Answer Options

A. ₦5,250
Correct Answer B. ₦5,375
C. ₦5,450
D. ₦5,500
Correct Answer
B
Correct Option:
₦5,375

About This Question

This is Post Utme Igbinedion University 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Igbinedion University Commerce examination.

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