Post Utme Wellspring University 2023 Commerce Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 8 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A firm imports goods worth ₦1,500,000. If the government imposes a 10% duty on the imported goods, what is the amount of duty paid?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 8. It is one of the objective questions from the 2023 Post Utme Wellspring University 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