Post Utme Unilorin 2021 Commerce Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2021 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNILORIN • 2021 • COMMERCE • objective

A company has a turnover of ₦1,000,000 and a profit of ₦200,000. What is its 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 Unilorin 2021 Commerce Question 7. It is one of the objective questions from the 2021 Post Utme Unilorin Commerce examination.

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