Post Utme Unn 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Unn Commerce examination.

Post Utme Unn 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNN • 2023 • COMMERCE • objective

A firm has a production cost of ₦1,000 per unit and a selling price of ₦1,500 per unit. If it sells 500 units, what is the profit?

Answer Options

A. ₦250,000
Correct Answer B. ₦375,000
C. ₦500,000
D. ₦750,000
Correct Answer
B
Correct Option:
₦375,000

About This Question

This is Post Utme Unn 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Unn Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support