Post Utme Unilorin 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2020 Commerce Objective / Multiple Choice
Question 14 POST_UTME_UNILORIN • 2020 • COMMERCE • objective

A company's financial statements show a net profit of ₦200,000, a turnover of ₦1,500,000, and a gross profit of ₦800,000. What is the net profit margin?

Answer Options

Correct Answer A. 13.33%
B. 16.67%
C. 20%
D. 25%
Correct Answer
A
Correct Option:
13.33%

About This Question

This is Post Utme Unilorin 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Unilorin Commerce examination.

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