Post Utme Rsu 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_RSU • 2023 • COMMERCE • objective

A business has a profit of ₦200,000 and a tax rate of 20%. If the business pays ₦40,000 in taxes, what is the amount of the profit after taxes?

Answer Options

Correct Answer A. ₦160,000
B. ₦180,000
C. ₦200,000
D. ₦220,000
Correct Answer
A
Correct Option:
₦160,000

About This Question

This is Post Utme Rsu 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.

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