Post Utme Lead City University 2022 Commerce Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2022 Commerce Objective / Multiple Choice
Question 37 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A company exports 100 units of goods to a foreign country. If the exchange rate is 1 USD = 500 NGN, and the company earns a profit of 10% on the sale, what is the total revenue in NGN?

Answer Options

A. 500000
Correct Answer B. 550000
C. 600000
D. 650000
Correct Answer
B
Correct Option:
550000

About This Question

This is Post Utme Lead City University 2022 Commerce Question 37. It is one of the objective questions from the 2022 Post Utme Lead City University Commerce examination.

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