Post Utme Bowen University 2024 Commerce Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2024 Commerce Objective / Multiple Choice
Question 29 POST_UTME_BOWEN_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader has a business income of 100,000 and a business expense of 80,000. What is the sole trader's business profit?

Answer Options

A. 20,000
B. 30,000
Correct Answer C. 40,000
D. 50,000
Correct Answer
C
Correct Option:
40,000

About This Question

This is Post Utme Bowen University 2024 Commerce Question 29. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.

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