Post Utme Bowen University 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BOWEN_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and expenses of ₦300,000. What is the sole trader's profit before tax?

Answer Options

Correct Answer A. ₦200,000
B. ₦250,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Bowen University 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.

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