Post Utme Babcock University 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A business has a profit of ₦500,000 and a turnover of ₦5,000,000. What is the gross profit margin?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Babcock University 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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