Post Utme Uniben 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 20 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A company's trading account shows the following: | Particulars | ₦ | | --- | --- | --- | | Sales | 100,000 | | Cost of Goods Sold | 60,000 | | Gross Profit | 40,000 | Calculate the company's gross profit percentage.

Answer Options

Correct Answer A. 40%
B. 50%
C. 60%
D. 70%
Correct Answer
A
Correct Option:
40%

About This Question

This is Post Utme Uniben 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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