Post Utme Covenant University 2019 Commerce Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 34 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader has a business income of ₦200,000 and business expenses of ₦150,000. What is the sole trader's profit?

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Covenant University 2019 Commerce Question 34. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

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