Post Utme Futa 2021 Commerce Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Futa Commerce examination.

Post Utme Futa 2021 Commerce Objective / Multiple Choice
Question 25 POST_UTME_FUTA • 2021 • COMMERCE • objective

A sole trade business has a total revenue of ₦1,000,000 and a total cost of ₦800,000. What is the business's profit?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Futa 2021 Commerce Question 25. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.

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