Post Utme Bowen University 2023 Commerce Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A sole trader, Mr. A, has a business income of ₦1.2 million and expenses of ₦800,000. If he has a capital of ₦300,000, what is his profit?

Answer Options

A. ₦200,000
B. ₦300,000
Correct Answer C. ₦400,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Bowen University 2023 Commerce Question 17. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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