Post Utme Redeemers University 2018 Commerce Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2018 Commerce Objective / Multiple Choice
Question 23 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • COMMERCE • objective

A consumer purchases a product for ₦5,000 and pays a 5% sales tax. What is the amount of sales tax paid?

Answer Options

Correct Answer A. ₦200
B. ₦250
C. ₦300
D. ₦350
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Redeemers University 2018 Commerce Question 23. It is one of the objective questions from the 2018 Post Utme Redeemers University Commerce examination.

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