Post Utme Lautech 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Lautech Commerce examination.

Post Utme Lautech 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_LAUTECH • 2021 • COMMERCE • objective

A firm's marketing mix involves a product that is priced at ₦500,000. If the firm wants to increase sales by 20%, what is the new price?

Answer Options

Correct Answer A. ₦600,000
B. ₦550,000
C. ₦500,000
D. ₦450,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Lautech 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Lautech Commerce examination.

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