Post Utme Bsu 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Bsu Commerce examination.

Post Utme Bsu 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_BSU • 2020 • COMMERCE • objective

A sole trader has a business that generates an average monthly profit of ₦100,000. If the sole trader wants to expand the business, what is the minimum amount of capital required to increase the monthly profit by 20%?

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Bsu 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.

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