Post Utme Summit University 2022 Commerce Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Summit University Commerce examination.

Post Utme Summit University 2022 Commerce Objective / Multiple Choice
Question 13 POST_UTME_SUMMIT_UNIVERSITY • 2022 • COMMERCE • objective

A firm's cost of goods sold is ₦1,500,000. If the firm's profit margin is 15%, what is the total revenue?

Answer Options

A. ₦1,750,000
B. ₦2,000,000
Correct Answer C. ₦2,250,000
D. ₦2,500,000
Correct Answer
C
Correct Option:
₦2,250,000

About This Question

This is Post Utme Summit University 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Summit University Commerce examination.

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