Post Utme Lead City University 2021 Commerce Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

Correct Answer A. ₦700,000
B. ₦600,000
C. ₦500,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Lead City University 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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