Post Utme Futo 2019 Commerce Question 39
Practice objective / multiple choice question 39 from the 2019 Post Utme Futo Commerce examination.
A company's income statement is given by Revenue = Cost of Goods Sold + Gross Profit. If the company's revenue increases by 15% and its cost of goods sold increases by 10%, what is the percentage change in gross profit?
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About This Question
This is Post Utme Futo 2019 Commerce Question 39. It is one of the objective questions from the 2019 Post Utme Futo Commerce examination.
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