Post Utme Oau 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Oau Commerce examination.

Post Utme Oau 2020 Commerce Objective / Multiple Choice
Question 29 POST_UTME_OAU • 2020 • COMMERCE • objective

A firm has a production cost of ₦5,000 per unit and a selling price of ₦7,000 per unit. If the firm sells 1,000 units, what is the profit?

Answer Options

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

About This Question

This is Post Utme Oau 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Oau Commerce examination.

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