Post Utme Lead City University 2019 Commerce Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 34 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering a new marketing strategy that will increase its sales by 10%. However, the new strategy will also increase its costs by 15%. What will be the effect on the company's profit?

Answer Options

Correct Answer A. Profit will increase by 5%
B. Profit will decrease by 5%
C. Profit will remain unchanged
D. Profit will increase by 10%
Correct Answer
A
Correct Option:
Profit will increase by 5%

About This Question

This is Post Utme Lead City University 2019 Commerce Question 34. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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