Post Utme Oau 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company's trading account shows the following: Sales ₦100,000, Cost of Goods Sold ₦80,000, Gross Profit ₦20,000. What is the company's gross profit percentage?

Answer Options

Correct Answer A. 20%
B. 25%
C. 30%
D. 35%
Correct Answer
A
Correct Option:
20%

About This Question

This is Post Utme Oau 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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