Post Utme Elizade University 2022 Accounting Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2022 Accounting Objective / Multiple Choice
Question 27 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ACCOUNTING • objective

A trader bought 200 units of a product at ₦ 120 per unit. He then sold 150 units at ₦ 150 per unit and the remaining units at ₦ 180 per unit. Calculate the total profit made by the trader.

Answer Options

A. ₦ 18,000
Correct Answer B. ₦ 20,000
C. ₦ 22,000
D. ₦ 24,000
Correct Answer
B
Correct Option:
₦ 20,000

About This Question

This is Post Utme Elizade University 2022 Accounting Question 27. It is one of the objective questions from the 2022 Post Utme Elizade University Accounting examination.

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