Post Utme Pan Atlantic University 2017 Commerce Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2017 Commerce Objective / Multiple Choice
Question 20 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader has incurred a loss of ₦50,000 in the current year. If the sole trader has a profit of ₦20,000 in the previous year, what is the total profit or loss for the two years?

Answer Options

Correct Answer A. ₦-30,000
B. ₦-20,000
C. ₦-10,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦-30,000

About This Question

This is Post Utme Pan Atlantic University 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Commerce examination.

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