Post Utme Achievers University 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and expenses of ₦300,000. What is the profit before tax?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Achievers University 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Achievers University Commerce examination.

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