Post Utme Ksu 2023 Commerce Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Ksu Commerce examination.

Post Utme Ksu 2023 Commerce Objective / Multiple Choice
Question 27 POST_UTME_KSU • 2023 • COMMERCE • objective

A company has a turnover of ₦500 million and a profit before tax of ₦75 million. If the tax rate is 20%, what is the company's profit after tax?

Answer Options

A. ₦60 million
B. ₦75 million
Correct Answer C. ₦90 million
D. ₦120 million
Correct Answer
C
Correct Option:
₦90 million

About This Question

This is Post Utme Ksu 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Ksu Commerce examination.

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