Post Utme Rsu 2025 Commerce Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Rsu Commerce examination.

Post Utme Rsu 2025 Commerce Objective / Multiple Choice
Question 37 POST_UTME_RSU • 2025 • COMMERCE • objective

A company's financial statements show that its revenue has increased by 15% over the past year, while its cost of goods sold has increased by 12%. What is the approximate percentage increase in the company's gross profit?

Answer Options

A. 3%
Correct Answer B. 5%
C. 7%
D. 9%
Correct Answer
B
Correct Option:
5%

About This Question

This is Post Utme Rsu 2025 Commerce Question 37. It is one of the objective questions from the 2025 Post Utme Rsu Commerce examination.

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