Post Utme Nile University 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A consumer purchases a product with a price of ₦5,000. The consumer pays a 5% deposit and the balance is paid in 4 equal installments. What is the total amount paid by the consumer?

Answer Options

A. ₦6,000
B. ₦6,500
Correct Answer C. ₦7,000
D. ₦7,500
Correct Answer
C
Correct Option:
₦7,000

About This Question

This is Post Utme Nile University 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

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