Post Utme Skyline University 2025 Commerce Question 39
Practice objective / multiple choice question 39 from the 2025 Post Utme Skyline University Commerce examination.
A company is considering the purchase of a new warehouse. The warehouse has a capacity of 10,000 square meters and a rental fee of ₦250,000 per month. The company's current warehouse has a capacity of 5,000 square meters and a rental fee of ₦150,000 per month. If the company expects to increase its storage needs by 20% per annum, what is the minimum number of years it will take for the company to fill the new warehouse?
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About This Question
This is Post Utme Skyline University 2025 Commerce Question 39. It is one of the objective questions from the 2025 Post Utme Skyline University Commerce examination.
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