Post Utme Esut 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_ESUT • 2018 • COMMERCE • objective

A sole trader has a turnover of ₦1,000,000 and a profit of ₦200,000. What is the sole trader's profit margin?

Answer Options

Correct Answer A. 20%
B. 21%
C. 22%
D. 23%
Correct Answer
A
Correct Option:
20%

About This Question

This is Post Utme Esut 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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