Post Utme Unn 2025 Commerce Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Unn Commerce examination.

Post Utme Unn 2025 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UNN • 2025 • COMMERCE • objective

A sole trader's business has a profit of ₦200,000 and a turnover of ₦1,500,000. If the company's expenses are 30% of the turnover, what is the company's profit margin?

Answer Options

A. 13.33%
B. 14.29%
Correct Answer C. 15%
D. 16.67%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Unn 2025 Commerce Question 39. It is one of the objective questions from the 2025 Post Utme Unn Commerce examination.

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