Post Utme Rhema University 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_RHEMA_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader is considering expanding its business operations to include a new product line. The new product line is expected to generate an additional ₦500,000 in revenue per year, but it will also require an additional ₦200,000 in expenses per year. What is the expected increase in profit for the sole trader?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Rhema University 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Rhema University Commerce examination.

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