Post Utme Unn 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A trader purchases goods for ₦120,000 and sells them for ₦180,000. Calculate the gross profit.

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Unn 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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