Post Utme Oau 2023 Commerce Question 36
Practice objective / multiple choice question 36 from the 2023 Post Utme Oau Commerce examination.
In a foreign trade transaction, a Nigerian exporter sold goods worth ₦5,000,000 to a foreign buyer. The exporter's bank charged a commission of 2% on the transaction value. If the exporter's bank also deducted a bank transfer fee of ₦25,000, what is the total amount received by the exporter?
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About This Question
This is Post Utme Oau 2023 Commerce Question 36. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.
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