Post Utme Ims U 2023 Commerce Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice
Question 3 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and business expenses of ₦200,000. What is the sole trader's business profit?

Answer Options

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

About This Question

This is Post Utme Ims U 2023 Commerce Question 3. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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