Post Utme Igbinedion University 2020 Commerce Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2020 Commerce Objective / Multiple Choice
Question 2 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • COMMERCE • objective

A company's sole trader has a business income of ₦500,000 and expenses of ₦300,000. What is the profit before tax?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Igbinedion University 2020 Commerce Question 2. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.

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