Post Utme Lead City University 2019 Commerce Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 36 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering a new marketing strategy that will increase its sales by 15%. However, the new strategy will also increase its costs by 20%. What will be the effect on the company's profit?

Answer Options

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

About This Question

This is Post Utme Lead City University 2019 Commerce Question 36. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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