Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ACCOUNTING

JAMB 2009 - Question 15

Account 2009 JAMB Past Questions - Question 15: If the gross profit margin is 10%, what is the value of the cost of goods sold?

use the information below to answer the questions 15 and 16

If the gross profit margin is 10%, what is the value of the cost of goods sold?

A: #10,000

B: #90,000

C: #105,600

D: #110,000

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ACCOUNTING

Account 2009 JAMB Past Questions - Question 15: If the gross profit margin is 10%, what is the value of the cost of goods sold?

Examkit's JAMB CBT App

Correct Answer

Explanation