Post Utme Babcock University 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BABCOCK_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and business expenses of ₦200,000. What is the profit of the business?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Babcock University 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Babcock University Commerce examination.

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