Post Utme Delsu 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Delsu Commerce examination.

Post Utme Delsu 2021 Commerce Objective / Multiple Choice
Question 20 POST_UTME_DELSU • 2021 • COMMERCE • objective

A firm's revenue is ₦1,000,000, and its total fixed costs are ₦200,000. If the firm's variable costs are 20% of its revenue, what is the firm's profit?

Answer Options

Correct Answer A. ₦400,000
B. ₦600,000
C. ₦800,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Delsu 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Delsu Commerce examination.

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