Post Utme Lead City University 2025 Commerce Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2025 Commerce Objective / Multiple Choice
Question 5 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader is considering expanding its business by hiring additional employees. The sole trader's current profit is ₦500,000 and its current fixed costs are ₦200,000. If the sole trader hires an additional employee at a wage of ₦50,000 per month, what will be the new profit of the business?

Answer Options

A. ₦450000
B. ₦500000
Correct Answer C. ₦550000
D. ₦600000
Correct Answer
C
Correct Option:
₦550000

About This Question

This is Post Utme Lead City University 2025 Commerce Question 5. It is one of the objective questions from the 2025 Post Utme Lead City University Commerce examination.

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