Post Utme Ui 2023 Commerce Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Ui Commerce examination.

Post Utme Ui 2023 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UI • 2023 • COMMERCE • objective

A company is considering a new marketing strategy to increase sales. The strategy involves offering a discount of 10% on all products for a limited period. If the company's current sales revenue is ₦10,000,000 and the cost of goods sold is ₦6,000,000, what is the expected increase in profit after implementing the new strategy?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Ui 2023 Commerce Question 21. It is one of the objective questions from the 2023 Post Utme Ui Commerce examination.

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