Post Utme Oau 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Oau Commerce examination.

Post Utme Oau 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_OAU • 2023 • COMMERCE • objective

A business has a profit of ₦500,000. If it has a tax rate of 20%, how much will it pay in taxes?

Answer Options

A. ₦100000
Correct Answer B. ₦200000
C. ₦300000
D. ₦400000
Correct Answer
B
Correct Option:
₦200000

About This Question

This is Post Utme Oau 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.

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