Post Utme Noun 2023 Commerce Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Noun Commerce examination.

Post Utme Noun 2023 Commerce Objective / Multiple Choice
Question 9 POST_UTME_NOUN • 2023 • COMMERCE • objective

A company's financial statements show that its revenue increased by 15% and its expenses decreased by 10% compared to the previous year. What is the effect on the company's net profit?

Answer Options

Correct Answer A. Increased by 5%
B. Decreased by 5%
C. Increased by 10%
D. Decreased by 10%
Correct Answer
A
Correct Option:
Increased by 5%

About This Question

This is Post Utme Noun 2023 Commerce Question 9. It is one of the objective questions from the 2023 Post Utme Noun Commerce examination.

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