Post Utme Abu 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ABU • 2024 • COMMERCE • objective

A sole trader, Mr. A, has a business that generates an average monthly income of ₦500,000. His monthly expenses are ₦200,000. What is his monthly profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦300,000.50
C. ₦300,000.51
D. ₦300,000.01
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Abu 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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