Post Utme Achievers University 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ACHIEVERS_UNIVERSITY • 2022 • COMMERCE • objective

A sole trader has a business that sells goods worth ₦100,000. The sole trader has a 20% profit margin. What is the profit made by the sole trader?

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Achievers University 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Achievers 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