Post Utme Babcock University 2018 Commerce Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2018 Commerce Objective / Multiple Choice
Question 30 POST_UTME_BABCOCK_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader has an annual turnover of ₦5,000,000 and a net profit of ₦750,000. What is the sole trader's profit margin?

Answer Options

Correct Answer A. 15%
B. 20%
C. 25%
D. 30%
Correct Answer
A
Correct Option:
15%

About This Question

This is Post Utme Babcock University 2018 Commerce Question 30. It is one of the objective questions from the 2018 Post Utme Babcock University Commerce examination.

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