Post Utme Mountain Top University 2019 Commerce Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2019 Commerce Objective / Multiple Choice
Question 29 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • COMMERCE • objective

A company has a sole proprietorship business with an annual turnover of ₦1,500,000. If the company's profit margin is 15%, what is the company's profit?

Answer Options

A. ₦225,000
Correct Answer B. ₦250,000
C. ₦275,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦250,000

About This Question

This is Post Utme Mountain Top University 2019 Commerce Question 29. It is one of the objective questions from the 2019 Post Utme Mountain Top University Commerce examination.

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