Post Utme Ksu 2017 Commerce Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 25 POST_UTME_KSU • 2017 • COMMERCE • objective

A company has the following income statement: Revenue = ₦200,000, Cost of Goods Sold = ₦100,000, and Gross Profit = ₦50,000. What is the company's gross margin percentage?

Answer Options

Correct Answer A. 25%
B. 30%
C. 35%
D. 40%
Correct Answer
A
Correct Option:
25%

About This Question

This is Post Utme Ksu 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

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