Post Utme Oau 2018 Commerce Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice
Question 28 POST_UTME_OAU • 2018 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and a business expenditure of ₦300,000. If the sole trader's personal income is ₦200,000, what is the sole trader's net profit?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Oau 2018 Commerce Question 28. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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