Post Utme Rsu 2023 Commerce Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 25 POST_UTME_RSU • 2023 • COMMERCE • objective

A sole trader's business has a profit of ₦50,000. If the business is taxed at a rate of 20%, what is the amount of tax paid?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Rsu 2023 Commerce Question 25. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.

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