Post Utme Ims U 2024 Geography Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Ims U Geography examination.

Post Utme Ims U 2024 Geography Objective / Multiple Choice
Question 23 POST_UTME_IMS_U • 2024 • GEOGRAPHY • objective

A company produces 1000 units of a product per day. If the cost of production is ₦500 per unit, and the selling price is ₦700 per unit, what is the profit per day?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Ims U 2024 Geography Question 23. It is one of the objective questions from the 2024 Post Utme Ims U Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support