Post Utme Skyline University 2024 Commerce Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2024 Commerce Objective / Multiple Choice
Question 28 POST_UTME_SKYLINE_UNIVERSITY • 2024 • COMMERCE • objective

A consumer purchases a product for ₦1,000 and sells it for ₦1,200. What is the profit percentage if the consumer also has to pay a sales tax of 10%?

Answer Options

A. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Skyline University 2024 Commerce Question 28. It is one of the objective questions from the 2024 Post Utme Skyline University Commerce examination.

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