Post Utme Christopher University 2022 Commerce Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2022 Commerce Objective / Multiple Choice
Question 18 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • COMMERCE • objective

A company's cost of goods sold (COGS) is 500, and its selling price is 100 per unit. If it sells 50 units, what is the gross profit?

Answer Options

A. ₦2500
B. ₦5000
Correct Answer C. ₦7500
D. ₦10000
Correct Answer
C
Correct Option:
₦7500

About This Question

This is Post Utme Christopher University 2022 Commerce Question 18. It is one of the objective questions from the 2022 Post Utme Christopher University Commerce examination.

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