Post Utme Summit University 2025 Commerce Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Summit University Commerce examination.

Post Utme Summit University 2025 Commerce Objective / Multiple Choice
Question 15 POST_UTME_SUMMIT_UNIVERSITY • 2025 • COMMERCE • objective

A consumer purchases a product with a price of ₦10,000. If the product is subject to a 5% sales tax, what is the total amount paid by the consumer?

Answer Options

A. ₦10,500
Correct Answer B. ₦10,750
C. ₦11,000
D. ₦11,250
Correct Answer
B
Correct Option:
₦10,750

About This Question

This is Post Utme Summit University 2025 Commerce Question 15. It is one of the objective questions from the 2025 Post Utme Summit University Commerce examination.

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