Post Utme Ims U 2018 Commerce Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A business has a turnover of ₦500,000 and a profit of ₦100,000. What is the profit margin?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Ims U 2018 Commerce Question 9. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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