Post Utme Babcock University 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

A company has a profit of ₦500,000. If it pays 20% tax on its profit, how much will it pay in taxes?

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Babcock University 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Babcock 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