Post Utme Achievers University 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2024 Commerce Objective / Multiple Choice
Question 15 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • COMMERCE • objective

A company has a company business structure. The company has a capital of ₦1,000,000. If the company's profit is ₦200,000, and the company's tax rate is 20%, what is the company's net profit?

Answer Options

A. ₦160,000
B. ₦180,000
Correct Answer C. ₦200,000
D. ₦220,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Achievers University 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Achievers University Commerce examination.

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