Post Utme Futo 2024 Accounting Question 4
Practice objective / multiple choice question 4 from the 2024 Post Utme Futo Accounting examination.
A company's trading account shows a profit of ₦20,000. If the company's cost of goods sold is ₦80,000 and its sales revenue is ₦100,000, what is the gross profit percentage?
Answer Options
About This Question
This is Post Utme Futo 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Futo Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.