Post Utme Al Hikmah University 2023 Commerce Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2023 Commerce Objective / Multiple Choice
Question 22 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • COMMERCE • objective

A firm's revenue is ₦100,000 and its cost of goods sold is ₦80,000. What is the gross profit?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Al Hikmah University 2023 Commerce Question 22. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Commerce examination.

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