Profit that is expressed as a percentage of the cost of goods sold is referred…

Home » Past Questions » Commerce » Jamb » 1995 » Profit that is expressed as a percentage of the cost of goods sold is referred…
Commerce JAMB 1995

Profit that is expressed as a percentage of the cost of goods sold is referred to as

  • margin
  • mark-up checkmark
  • gain percent
  • gross profit

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment