Post Utme Wellspring University 2020 Accounting Question 47

Practice objective / multiple choice question 47 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 47 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A manufacturing company has a production cost of ₦500,000 and a selling price of ₦700,000. What is the gross profit?

Answer Options

A. ₦100,000
B. ₦200,000
Correct Answer C. ₦300,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Wellspring University 2020 Accounting Question 47. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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