Post Utme Mountain Top University 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2018 Commerce Objective / Multiple Choice
Question 21 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • COMMERCE • objective

A company has two business units: A and B. Unit A has a profit margin of 25% and a total revenue of ₦10,000,000. Unit B has a profit margin of 15% and a total revenue of ₦8,000,000. What is the total profit of the company?

Answer Options

Correct Answer A. ₦2,500,000
B. ₦3,000,000
C. ₦3,500,000
D. ₦4,000,000
Correct Answer
A
Correct Option:
₦2,500,000

About This Question

This is Post Utme Mountain Top University 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Mountain Top University Commerce examination.

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