Post Utme Summit University 2019 Commerce Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Summit University Commerce examination.

Post Utme Summit University 2019 Commerce Objective / Multiple Choice
Question 27 POST_UTME_SUMMIT_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader, Mr. A, has a business that generates an annual profit of ₦500,000. The business has a capital of ₦200,000. What is the return on investment (ROI) of the business?

Answer Options

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

About This Question

This is Post Utme Summit University 2019 Commerce Question 27. It is one of the objective questions from the 2019 Post Utme Summit University Commerce examination.

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