Post Utme Christopher University 2018 Commerce Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2018 Commerce Objective / Multiple Choice
Question 26 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • COMMERCE • objective

In a sole trade business, the owner's capital is ₦150,000. If the business generates a profit of ₦75,000, what is the owner's new capital?

Answer Options

A. ₦225,000
B. ₦175,000
C. ₦225,000
Correct Answer D. ₦175,000
Correct Answer
D
Correct Option:
₦175,000

About This Question

This is Post Utme Christopher University 2018 Commerce Question 26. It is one of the objective questions from the 2018 Post Utme Christopher University Commerce examination.

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