Post Utme Babcock University 2019 Accounting Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2019 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's departmental accounts showed a cost of goods sold of ₦500,000 and a gross profit of ₦150,000. Calculate the gross profit percentage.

Answer Options

A. 30%
Correct Answer B. 40%
C. 50%
D. 60%
Correct Answer
B
Correct Option:
40%

About This Question

This is Post Utme Babcock University 2019 Accounting Question 20. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.

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