Post Utme Veritas University 2018 Commerce Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2018 Commerce Objective / Multiple Choice
Question 10 POST_UTME_VERITAS_UNIVERSITY • 2018 • COMMERCE • objective

A consumer has a budget of ₦10,000 and wants to buy two products, A and B. Product A costs ₦5,000, while product B costs ₦3,000. However, the consumer also has to pay a sales tax of 10% on the total purchase. What is the maximum amount the consumer can spend on product B?

Answer Options

A. ₦1,500
B. ₦2,000
Correct Answer C. ₦2,500
D. ₦3,000
Correct Answer
C
Correct Option:
₦2,500

About This Question

This is Post Utme Veritas University 2018 Commerce Question 10. It is one of the objective questions from the 2018 Post Utme Veritas University Commerce examination.

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