Post Utme Unilorin 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A company has a production capacity of 10,000 units per month. The company's production costs are ₦50,000 per unit, and the selling price of each unit is ₦80,000. If the company expects to sell 8,000 units in the first month, what is the company's profit?

Answer Options

A. ₦400,000
B. ₦500,000
Correct Answer C. ₦600,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦600,000

About This Question

This is Post Utme Unilorin 2023 Commerce Question 34. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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