Post Utme Lead City University 2019 Commerce Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 38 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering a new marketing strategy that will increase its sales by 20%. However, the new strategy will also increase its costs by 25%. What will be the effect on the company's profit?

Answer Options

A. Profit will increase by 10%
Correct Answer B. Profit will decrease by 10%
C. Profit will remain unchanged
D. Profit will increase by 15%
Correct Answer
B
Correct Option:
Profit will decrease by 10%

About This Question

This is Post Utme Lead City University 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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