Post Utme Mountain Top University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader has an annual income of ₦1,500,000 and an annual expenditure of ₦1,200,000. What is the sole trader's profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦150,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Mountain Top University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Mountain Top University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support