Post Utme Redeemers University 2019 Commerce Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2019 Commerce Objective / Multiple Choice
Question 25 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • COMMERCE • objective

A firm imports goods from a foreign country and sells them in Nigeria. The firm's profit is calculated as the difference between the selling price and the cost price. If the selling price is ₦1,500 and the cost price is ₦1,200, what is the firm's profit?

Answer Options

Correct Answer A. ₦300
B. ₦400
C. ₦500
D. ₦600
Correct Answer
A
Correct Option:
₦300

About This Question

This is Post Utme Redeemers University 2019 Commerce Question 25. It is one of the objective questions from the 2019 Post Utme Redeemers University Commerce examination.

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