Post Utme Pan Atlantic University 2024 Commerce Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2024 Commerce Objective / Multiple Choice
Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering exporting its products to a foreign country. The company's current profit margin is 20% and the exchange rate is 1 USD = 500 NGN. If the company expects to sell 10,000 units of its product at a price of ₦5,000 per unit, what is the expected profit in USD?

Answer Options

A. 1,000
Correct Answer B. 2,000
C. 3,000
D. 4,000
Correct Answer
B
Correct Option:
2,000

About This Question

This is Post Utme Pan Atlantic University 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Commerce examination.

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