Utme 2025 Commerce Question 8

Practice objective / multiple choice question 8 from the 2025 Utme Commerce examination. This question covers Finance .

Utme 2025 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Finance
Question 8 UTME • 2025 • COMMERCE • objective

If a firm's turnover is ₦15,000 and the cost of goods sold is ₦10,000, what is the percentage of gross profit on sales?

Answer Options

A. 25%
Correct Answer B. 33.3%
C. 50.0%
D. 66.6%.
Correct Answer
B
Correct Option:
33.3%

About This Question

This is Utme 2025 Commerce Question 8. It is one of the objective questions from the 2025 Utme Commerce examination.

The question covers Finance .

Difficulty level: 2 .

View More Utme 2025 Commerce Questions More Utme Practice Questions Back to Questions

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