Post Utme Ims U 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 14 POST_UTME_IMS_U • 2020 • COMMERCE • objective

A company is considering investing in a new marketing campaign. The company's current marketing budget is ₦500,000 per month. The new campaign will cost ₦750,000 per month. However, the company expects to increase sales by 20% as a result of the campaign. What is the return on investment (ROI) for the company?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Ims U 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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