Post Utme Rsu 2023 Commerce Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 27 POST_UTME_RSU • 2023 • COMMERCE • objective

A sole trader, Mr. A, has a business that generates an average monthly revenue of ₦1,500,000. His monthly expenses include rent (₦200,000), utilities (₦50,000), and equipment maintenance (₦30,000). If he wants to save 20% of his revenue, how much will he save in a year?

Answer Options

A. ₦3,600,000
B. ₦4,200,000
Correct Answer C. ₦4,800,000
D. ₦5,400,000
Correct Answer
C
Correct Option:
₦4,800,000

About This Question

This is Post Utme Rsu 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Rsu 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