Post Utme Summit University 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Summit University Commerce examination.

Post Utme Summit University 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_SUMMIT_UNIVERSITY • 2023 • COMMERCE • objective

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

Answer Options

A. ₦5,250
Correct Answer B. ₦5,250.00
C. ₦5,250.00
D. ₦5,250.00
Correct Answer
B
Correct Option:
₦5,250.00

About This Question

This is Post Utme Summit University 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Summit University Commerce examination.

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