Post Utme Nile University 2021 Commerce Question 38

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

Post Utme Nile University 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

A sole trader has a business income of ₦1.5 million and a business expense of ₦800,000. What is the net profit of the business?

Answer Options

Correct Answer A. ₦600,000
B. ₦700,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

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

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