Post Utme Pan Atlantic University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and a business expenditure of ₦300,000. What is the profit of the business?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Pan Atlantic University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support