Post Utme Unilag 2018 Commerce Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A company is considering importing goods from a foreign country. The company has estimated the cost of importing the goods to be 10,000. If the exchange rate is 1 USD = ₦400, what is the total cost of importing the goods in Nigerian Naira?

Answer Options

A. ₦4,000,000
B. ₦4,500,000
Correct Answer C. ₦5,000,000
D. ₦5,500,000
Correct Answer
C
Correct Option:
₦5,000,000

About This Question

This is Post Utme Unilag 2018 Commerce Question 4. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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