Post Utme Al Hikmah University 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader has a business income of ₦1,500,000 and a business expense of ₦800,000. What is the sole trader's profit before tax?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Al Hikmah University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Commerce examination.

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