Post Utme Abu 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_ABU • 2023 • COMMERCE • objective

A company's sole trader has an annual turnover of ₦1,500,000. If the profit margin is 25%, calculate the profit.

Answer Options

Correct Answer A. ₦375,000
B. ₦375,000.00
C. ₦375,000.00
D. ₦375,000
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Abu 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

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