Neco 2021 Commerce Question 15

Practice objective / multiple choice question 15 from the 2021 Neco Commerce examination.

Neco 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 15 NECO • 2021 • COMMERCE • objective

A trader buys goods for ₦45,000 and sells them for ₦60,000. What is the profit percentage earned on the transaction?

Answer Options

A. Profit percentage = 25 %
B. Profit percentage = 30 %
C. Profit percentage = 40 %
Correct Answer D. Profit percentage = 33.33 %
Correct Answer
D
Correct Option:
Profit percentage = 33.33 %

About This Question

This is Neco 2021 Commerce Question 15. It is one of the objective questions from the 2021 Neco Commerce examination.

Difficulty level: Easy .

View More Neco 2021 Commerce Questions More Neco Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support