Post Utme Summit University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Summit University Commerce examination.

Post Utme Summit University 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_SUMMIT_UNIVERSITY • 2020 • COMMERCE • objective

A company's marketing mix involves a product that is priced at 100. If the company wants to increase sales by 20%, what is the minimum price reduction required?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Summit University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.

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