Post Utme Esut 2018 Commerce Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 36 POST_UTME_ESUT • 2018 • COMMERCE • objective

A company's sole trader has invested ₦250,000 in a new business venture. The expected return on investment is 12% per annum. Calculate the expected annual profit.

Answer Options

Correct Answer A. ₦30,000
B. ₦25,000
C. ₦30,000
D. ₦25,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Esut 2018 Commerce Question 36. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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