Post Utme Afe Babalola University 2022 Commerce Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2022 Commerce Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • COMMERCE • objective

A company has a turnover of ₦1,000,000 and a profit of ₦200,000. What is its 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 Afe Babalola University 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Commerce examination.

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