Post Utme Veritas University 2020 Commerce Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2020 Commerce Objective / Multiple Choice
Question 7 POST_UTME_VERITAS_UNIVERSITY • 2020 • COMMERCE • objective

A firm is considering two marketing strategies: Strategy A, which involves a 10% increase in advertising expenditure, and Strategy B, which involves a 20% increase in sales promotions. If the firm's current advertising expenditure is ₦100,000 and its current sales promotions expenditure is ₦50,000, what is the total increase in expenditure under Strategy B?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Veritas University 2020 Commerce Question 7. It is one of the objective questions from the 2020 Post Utme Veritas University Commerce examination.

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