Post Utme Ims U 2017 Commerce Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 4 POST_UTME_IMS_U • 2017 • COMMERCE • objective

A company imports goods worth 10,000 from a foreign country. If the exchange rate is 1 USD = ₦500, what is the value of the goods in naira?

Answer Options

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

About This Question

This is Post Utme Ims U 2017 Commerce Question 4. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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