Post Utme Oau 2020 Commerce Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Oau Commerce examination.

Post Utme Oau 2020 Commerce Objective / Multiple Choice
Question 9 POST_UTME_OAU • 2020 • COMMERCE • objective

A company has a profit of ₦50,000 and a total revenue of ₦200,000. If the company's cost of goods sold is ₦100,000, what is its gross margin?

Answer Options

A. 0.2
B. 0.3
Correct Answer C. 0.5
D. 0.7
Correct Answer
C
Correct Option:
0.5

About This Question

This is Post Utme Oau 2020 Commerce Question 9. It is one of the objective questions from the 2020 Post Utme Oau Commerce examination.

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