Post Utme Nile University 2023 Commerce Question 16
Practice objective / multiple choice question 16 from the 2023 Post Utme Nile University Commerce examination.
In a foreign trade transaction, a Nigerian exporter agrees to sell 1000 units of goods to a foreign buyer at the exchange rate of 1 = ₦450. If the exporter receives a payment of 5000, what is the amount in Nigerian Naira, rounded to the nearest naira?
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This is Post Utme Nile University 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Nile University Commerce examination.
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