Post Utme Pan Atlantic University 2018 Commerce Question 49

Practice objective / multiple choice question 49 from the 2018 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2018 Commerce Objective / Multiple Choice
Question 49 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • COMMERCE • objective

A company's foreign trade activities involve importing goods from a foreign country. The company must comply with the country's import regulations, which include paying a customs duty of 10% on the value of the goods. If the company imports goods worth ₦100,000, what is the total amount of customs duty paid?

Answer Options

A. ₦10,000
Correct Answer B. ₦11,000
C. ₦12,000
D. ₦13,000
Correct Answer
B
Correct Option:
₦11,000

About This Question

This is Post Utme Pan Atlantic University 2018 Commerce Question 49. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.

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