Post Utme Elizade University 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two departments: A and B. Department A has a production cost of ₦100,000 and a selling price of ₦150,000. Department B has a production cost of ₦80,000 and a selling price of ₦120,000. What is the gross profit percentage?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Elizade University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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