Post Utme Eksu 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Eksu Commerce examination.

Post Utme Eksu 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_EKSU • 2020 • COMMERCE • objective

A company has a sole trader business with a capital of ₦500,000. It has a profit of ₦200,000 in the first year and a loss of ₦150,000 in the second year. What is the company's capital at the end of the second year?

Answer Options

Correct Answer A. ₦350,000
B. ₦400,000
C. ₦450,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦350,000

About This Question

This is Post Utme Eksu 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Eksu Commerce examination.

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