Post Utme Joseph Ayo Babalola University 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A consumer purchases a product for ₦1,000 and sells it for ₦1,200. If the consumer incurs a transportation cost of ₦100, what is the profit made from the transaction?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

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