Post Utme Rsu 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Rsu Commerce examination.

Post Utme Rsu 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_RSU • 2025 • COMMERCE • objective

A company's financial statements show that its cost of goods sold is ₦120,000 and its gross profit is ₦80,000. What is the company's selling price?

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Rsu 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Rsu Commerce examination.

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