Post Utme Crawford University 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader, Mr. Ade, has a business that sells electronics. He has a profit of ₦150,000 and a turnover of ₦1,500,000. What is his gross profit percentage?

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 Crawford University 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Crawford University Commerce examination.

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