Post Utme Ui 2019 Commerce Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Ui Commerce examination.

Post Utme Ui 2019 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UI • 2019 • COMMERCE • objective

A company imports 500 units of a product from a foreign country. The cost of each unit is 20. If the exchange rate is 1 USD = ₦360, what is the total cost of the import in Nigerian Naira?

Answer Options

Correct Answer A. ₦10,800,000
B. ₦9,600,000
C. ₦12,000,000
D. ₦11,200,000
Correct Answer
A
Correct Option:
₦10,800,000

About This Question

This is Post Utme Ui 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Ui Commerce examination.

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