Post Utme Madonna University 2021 Commerce Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2021 Commerce Objective / Multiple Choice
Question 11 POST_UTME_MADONNA_UNIVERSITY • 2021 • COMMERCE • objective

A company's sole trader has a turnover of ₦1,500,000. If the sole trader's profit is 20% of the turnover, what is the sole trader's profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦250,000
C. ₦200,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Madonna University 2021 Commerce Question 11. It is one of the objective questions from the 2021 Post Utme Madonna University Commerce examination.

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