Post Utme Skyline University 2019 Commerce Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2019 Commerce Objective / Multiple Choice
Question 31 POST_UTME_SKYLINE_UNIVERSITY • 2019 • COMMERCE • objective

A company's foreign trade involves importing goods from a foreign country. The company pays a customs duty of 10% on the value of the goods. If the value of the goods is ₦100,000, what is the amount of customs duty paid?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Skyline University 2019 Commerce Question 31. It is one of the objective questions from the 2019 Post Utme Skyline University Commerce examination.

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