Post Utme Caleb University 2020 Commerce Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2020 Commerce Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering importing goods from a foreign country. If the cost of importing the goods is ₦1,000,000, and the expected selling price is ₦1,500,000, what is the profit margin?

Answer Options

Correct Answer A. 25%
B. 30%
C. 35%
D. 40%
Correct Answer
A
Correct Option:
25%

About This Question

This is Post Utme Caleb University 2020 Commerce Question 15. It is one of the objective questions from the 2020 Post Utme Caleb University Commerce examination.

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