Post Utme Ims U 2019 Commerce Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Ims U Commerce examination.

Post Utme Ims U 2019 Commerce Objective / Multiple Choice
Question 29 POST_UTME_IMS_U • 2019 • COMMERCE • objective

A company's profit is calculated as revenue minus cost of goods sold. If the company's revenue is ₦1,000,000 and cost of goods sold is ₦800,000, what is the company's profit?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Ims U 2019 Commerce Question 29. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.

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