Post Utme Aaua 2023 Commerce Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Aaua Commerce examination.

Post Utme Aaua 2023 Commerce Objective / Multiple Choice
Question 7 POST_UTME_AAUA • 2023 • COMMERCE • objective

A business has a production cost of ₦2,000,000 and a selling price of ₦3,500,000. What is the business's profit margin?

Answer Options

A. 50%
Correct Answer B. 60%
C. 40%
D. 30%
Correct Answer
B
Correct Option:
60%

About This Question

This is Post Utme Aaua 2023 Commerce Question 7. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.

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