Post Utme Noun 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Noun Commerce examination.

Post Utme Noun 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_NOUN • 2023 • COMMERCE • objective

A company's sole trader has a turnover of ₦1,500,000 and a profit of ₦200,000. What is the sole trader's profit margin?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Noun 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Noun Commerce examination.

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