Post Utme Uniport 2023 Commerce Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 3 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A company has a sole trade business with an annual turnover of ₦1,500,000. If the company's profit margin is 15%, what is the company's profit?

Answer Options

Correct Answer A. ₦225,000
B. ₦250,000
C. ₦275,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦225,000

About This Question

This is Post Utme Uniport 2023 Commerce Question 3. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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