Post Utme Greenfield University 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

A company has a profit of ₦500,000 and a tax rate of 25%. What is the amount of tax payable?

Answer Options

A. ₦125,000
B. ₦150,000
C. ₦175,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Greenfield University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support