Post Utme Nile University 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Nile University Commerce examination.

Post Utme Nile University 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_NILE_UNIVERSITY • 2018 • COMMERCE • objective

A firm exports 80% of its production to foreign markets. If the firm's total production is 10,000 units, and the exchange rate is ₦150 per US dollar, what is the total value of the firm's exports in naira?

Answer Options

A. ₦1,200,000
B. ₦1,500,000
Correct Answer C. ₦1,800,000
D. ₦2,100,000
Correct Answer
C
Correct Option:
₦1,800,000

About This Question

This is Post Utme Nile University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Nile University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support