Post Utme Lead City University 2019 Commerce Question 43

Practice objective / multiple choice question 43 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice

Question 43 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A firm exports 1000 units of a commodity to a foreign country. The export price is 10 per unit, and the exchange rate is 1 USD = 100 Naira. What is the total value of the export in Naira?

Answer Options

A. ₦100,000

Correct Answer B. ₦200,000

C. ₦300,000

D. ₦400,000

Correct Answer

Correct Option:

₦200,000

About This Question

This is Post Utme Lead City University 2019 Commerce Question 43. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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