Post Utme Coal City University 2022 General Studies Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Coal City University General Studies examination.

Post Utme Coal City University 2022 General Studies Objective / Multiple Choice
Question 7 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • GENERAL STUDIES • objective

A company's profit is given by the formula P = R - C, where P is the profit, R is the revenue, and C is the cost. If the revenue is ₦150,000 and the cost is ₦80,000, what is the profit?

Answer Options

Correct Answer A. ₦70,000
B. ₦30,000
C. ₦20,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦70,000

About This Question

This is Post Utme Coal City University 2022 General Studies Question 7. It is one of the objective questions from the 2022 Post Utme Coal City University General Studies examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support