Post Utme Igbinedion University 2022 Accounting Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2022 Accounting Objective / Multiple Choice

Question 12 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ACCOUNTING • objective

A trader purchases goods for ₦120,000 and sells them for ₦180,000. Calculate the gross profit percentage.

Answer Options

A. 20%

Correct Answer B. 25%

C. 30%

D. 35%

Correct Answer

Correct Option:

25%

About This Question

This is Post Utme Igbinedion University 2022 Accounting Question 12. It is one of the objective questions from the 2022 Post Utme Igbinedion University Accounting examination.

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