Post Utme Abu 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Abu Commerce examination.

Post Utme Abu 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_ABU • 2020 • COMMERCE • objective

A sole trader business has a turnover of ₦500,000 and a profit of ₦100,000. What is the business's profit margin?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Abu 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Abu Commerce examination.

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