Post Utme Crawford University 2019 Commerce Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 14 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader has a business that generates an average monthly profit of ₦50,000. If the sole trader wants to expand the business and increase the average monthly profit to ₦100,000, what is the minimum amount of additional capital required?

Answer Options

A. ₦25,000
Correct Answer B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Crawford University 2019 Commerce Question 14. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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