Post Utme Lead City University 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_LEAD_CITY_UNIVERSITY • 2023 • COMMERCE • objective

A sole trader has a business income of ₦1,000,000 and a personal income of ₦500,000. What is the total income of the sole trader?

Answer Options

A. ₦1,000,000
B. ₦1,500,000
Correct Answer C. ₦2,000,000
D. ₦2,500,000
Correct Answer
C
Correct Option:
₦2,000,000

About This Question

This is Post Utme Lead City University 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Lead City University Commerce examination.

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