Post Utme Lead City University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader has a business income of ₦800,000 and expenses of ₦400,000. What is the profit before tax?

Answer Options

A. \200,000
Correct Answer B. \400,000
C. \600,000
D. \800,000
Correct Answer
B
Correct Option:
\400,000

About This Question

This is Post Utme Lead City University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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