If the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost?

By: |Published on: Aug 5|Categories: Economics WAEC| 0 comments

A. N15.00
B. N60.00
C. N100.00
D. N250.00
E. N320.00

Correct Answer:

Option E – N320.00

Users Also Read These:

SEE ALSO  Which of the following countries is not a member of the Economic Community of West African States (ECOWAS)?

Copyright warnings! Do not copy.