Post Utme Lautech 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Lautech Commerce examination.

Post Utme Lautech 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_LAUTECH • 2017 • COMMERCE • objective

A sole trader has an initial capital of ₦50,000. The trader invests an additional ₦20,000 and earns a profit of ₦15,000. What is the new capital of the sole trader?

Answer Options

Correct Answer A. ₦85,000
B. ₦90,000
C. ₦95,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦85,000

About This Question

This is Post Utme Lautech 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Lautech Commerce examination.

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