Post Utme Osustech 2024 Commerce Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Osustech Commerce examination.

Post Utme Osustech 2024 Commerce Objective / Multiple Choice
Question 22 POST_UTME_OSUSTECH • 2024 • COMMERCE • objective

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

Answer Options

Correct Answer A. 13%
B. 15%
C. 12%
D. 10%
Correct Answer
A
Correct Option:
13%

About This Question

This is Post Utme Osustech 2024 Commerce Question 22. It is one of the objective questions from the 2024 Post Utme Osustech Commerce examination.

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