Post Utme Uniport 2022 Commerce Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Uniport Commerce examination.

Post Utme Uniport 2022 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UNIPORT • 2022 • COMMERCE • objective

A firm imports goods worth ₦1,000,000. If the exchange rate is 1 USD = ₦360, how much is the import duty?

Answer Options

A. ₦360,000
B. ₦720,000
C. ₦1,000,000
Correct Answer D. ₦1,440,000
Correct Answer
D
Correct Option:
₦1,440,000

About This Question

This is Post Utme Uniport 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Uniport Commerce examination.

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