Post Utme Ims U 2020 Commerce Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 21 POST_UTME_IMS_U • 2020 • COMMERCE • objective

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

Answer Options

Correct Answer A. ₦700,000
B. ₦600,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Ims U 2020 Commerce Question 21. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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