Post Utme Futa 2022 Commerce Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Futa Commerce examination.

Post Utme Futa 2022 Commerce Objective / Multiple Choice
Question 24 POST_UTME_FUTA • 2022 • COMMERCE • objective

A sole trader is considering expanding its business by hiring additional staff. The sole trader currently earns a profit of ₦100,000 per month and expects to increase its profit by ₦20,000 per month for each additional staff member hired. If the sole trader wants to increase its profit by ₦100,000 per month, how many additional staff members should it hire?

Answer Options

A. 2 staff members
Correct Answer B. 3 staff members
C. 4 staff members
D. 5 staff members
Correct Answer
B
Correct Option:
3 staff members

About This Question

This is Post Utme Futa 2022 Commerce Question 24. It is one of the objective questions from the 2022 Post Utme Futa Commerce examination.

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