Post Utme Nile University 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A consumer purchases a product with a price of ₦10,000. The consumer pays a 10% deposit and the balance is paid in 6 equal installments. What is the total amount paid by the consumer?

Answer Options

A. ₦15,000
B. ₦16,000
C. ₦17,000
Correct Answer D. ₦18,000
Correct Answer
D
Correct Option:
₦18,000

About This Question

This is Post Utme Nile University 2020 Commerce Question 33. It is one of the objective questions from the 2020 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