Post Utme Noun 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Noun Commerce examination.

Post Utme Noun 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_NOUN • 2021 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and business expenses of ₦200,000. What is the net profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦250,000
C. ₦200,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Noun 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.

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