Post Utme Unilorin 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2020 • COMMERCE • objective

A company's sole trader has a turnover of ₦500,000 and a gross profit of ₦150,000. What is the gross profit percentage?

Answer Options

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

About This Question

This is Post Utme Unilorin 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Unilorin Commerce examination.

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