Post Utme Uniben 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Uniben Commerce examination.

Post Utme Uniben 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UNIBEN • 2020 • COMMERCE • objective

A company exports 500 units of a product to a foreign country. If the exchange rate is ₦200 per dollar and the company earns a profit of 10 per unit, what is the total profit in naira?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦5,500,000
C. ₦6,000,000
D. ₦6,500,000
Correct Answer
B
Correct Option:
₦5,500,000

About This Question

This is Post Utme Uniben 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Uniben Commerce examination.

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