Post Utme Igbinedion University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases raw materials worth ₦100,000 and sells finished goods worth ₦150,000. Calculate the gross profit.

Answer Options

A. ₦25,000
B. ₦50,000
Correct Answer C. ₦75,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Igbinedion University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Igbinedion University Accounting examination.

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