Post Utme Joseph Ayo Babalola University 2024 Accounting Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2024 Accounting Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ACCOUNTING • objective

A trader bought 200 units of a product at £ 20 each. He then sold 150 units at £ 30 each and the remaining units at £ 25 each. Calculate the profit made by the trader.

Answer Options

A. £ 1,500
B. £ 2,000
Correct Answer C. £ 2,500
D. £ 3,000
Correct Answer
C
Correct Option:
£ 2,500

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Accounting Question 2. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

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