Post Utme Skyline University 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 12 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader, Mr. A, has an annual income of ₦1,500,000. He has a business expense of ₦200,000 and a personal expense of ₦150,000. If he wants to save 20% of his income, how much will he save?

Answer Options

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

About This Question

This is Post Utme Skyline University 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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