Post Utme Unn 2025 Accounting Question 45

Practice objective / multiple choice question 45 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 45 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company's departmental accounts show the following balances: Sales ₦100,000, Purchases ₦60,000, Cost of Goods Sold ₦40,000. What is the gross profit of the company?

Answer Options

A. ₦20,000
B. ₦30,000
C. ₦40,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Unn 2025 Accounting Question 45. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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