Post Utme Caleb University 2025 Commerce Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2025 Commerce Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and a personal income of ₦200,000. What is the total tax liability?

Answer Options

A. ₦60,000
B. ₦80,000
Correct Answer C. ₦100,000
D. ₦120,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2025 Commerce Question 13. It is one of the objective questions from the 2025 Post Utme Caleb University Commerce examination.

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