Post Utme Veritas University 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice

Question 24 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

A company exports 500 units of a product to a foreign country. The selling price per unit is 20, and the exchange rate is 1 USD = 400 NGN. What is the total revenue in Naira?

Answer Options

A. ₦4,000,000

B. ₦4,500,000

Correct Answer C. ₦5,000,000

D. ₦5,500,000

Correct Answer

Correct Option:

₦5,000,000

About This Question

This is Post Utme Veritas University 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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