Post Utme Ui 2019 Commerce Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Ui Commerce examination.

Post Utme Ui 2019 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UI • 2019 • COMMERCE • objective

A sole trader business has a turnover of ₦1,000,000 and a profit of ₦200,000. What is the profit margin?

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 Ui 2019 Commerce Question 35. It is one of the objective questions from the 2019 Post Utme Ui Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support