Post Utme Noun 2022 Commerce Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Noun Commerce examination.

Post Utme Noun 2022 Commerce Objective / Multiple Choice
Question 34 POST_UTME_NOUN • 2022 • COMMERCE • objective

A company exports 1,000 units of a product to a foreign country. If the export price is 10 per unit, and the exchange rate is 1 USD = ₦360, what is the total value of the export in Nigerian Naira?

Answer Options

A. ₦3,600,000
B. ₦4,000,000
Correct Answer C. ₦4,200,000
D. ₦4,500,000
Correct Answer
C
Correct Option:
₦4,200,000

About This Question

This is Post Utme Noun 2022 Commerce Question 34. It is one of the objective questions from the 2022 Post Utme Noun Commerce examination.

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