Post Utme Elizade University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader in Nigeria has a business income of ₦500,000 and a business expense of ₦200,000. What is the sole trader's profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Elizade University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Elizade University Commerce examination.

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