Post Utme Esut 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Esut Commerce examination.

Post Utme Esut 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_ESUT • 2020 • COMMERCE • objective

A sole trader has a business income of ₦1,500,000 and business expenses of ₦800,000. What is the sole trader's business profit?

Answer Options

Correct Answer A. ₦700,000
B. ₦1,300,000
C. ₦1,500,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Esut 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Esut Commerce examination.

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