Post Utme Veritas University 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2020 Commerce Objective / Multiple Choice
Question 14 POST_UTME_VERITAS_UNIVERSITY • 2020 • COMMERCE • objective

A company imports goods worth ₦1,000,000 from a foreign country. If the company pays a 10% customs duty on the imported goods, how much will the company pay in total?

Answer Options

Correct Answer A. ₦1,100,000
B. ₦1,000,000
C. ₦900,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦1,100,000

About This Question

This is Post Utme Veritas University 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Veritas University Commerce examination.

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