Post Utme Madonna University 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 40 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

A company exports goods worth ₦1,000,000 to a foreign country. The export is subject to a 10% export duty. If the company pays the duty in cash, how much will it pay in total?

Answer Options

A. ₦1,100,000
Correct Answer B. ₦1,110,000
C. ₦1,120,000
D. ₦1,130,000
Correct Answer
B
Correct Option:
₦1,110,000

About This Question

This is Post Utme Madonna University 2017 Commerce Question 40. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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