Post Utme Ims U 2021 Commerce Question 20
Practice objective / multiple choice question 20 from the 2021 Post Utme Ims U Commerce examination.
A sole trader has a business income of ₦500,000 and a personal income of ₦200,000. If the sole trader pays a tax rate of 20% on the business income and 10% on the personal income, what is the total tax paid?
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About This Question
This is Post Utme Ims U 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Ims U Commerce examination.
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