Post Utme Futa 2022 Commerce Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Futa Commerce examination.

Post Utme Futa 2022 Commerce Objective / Multiple Choice
Question 18 POST_UTME_FUTA • 2022 • COMMERCE • objective

A company has a production cost of ₦5,000,000 and a selling price of ₦7,000,000. What is the profit margin?

Answer Options

A. 25%
Correct Answer B. 30%
C. 35%
D. 40%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Futa 2022 Commerce Question 18. It is one of the objective questions from the 2022 Post Utme Futa Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support