Post Utme Delsu 2020 Accounting Question 29
Practice objective / multiple choice question 29 from the 2020 Post Utme Delsu Accounting examination.
A company's profit and loss account for the year ended 31st December 2020 is as follows: | Particulars | ₦ | | --- | --- | | Sales | 150,000 | | Cost of Goods Sold | 100,000 | | Gross Profit | 50,000 | | Operating Expenses | 20,000 | | Net Profit | 30,000 | What is the company's gross profit percentage?
Answer Options
About This Question
This is Post Utme Delsu 2020 Accounting Question 29. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.