Post Utme Skyline University 2018 Commerce Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2018 Commerce Objective / Multiple Choice
Question 11 POST_UTME_SKYLINE_UNIVERSITY • 2018 • COMMERCE • objective

A company's sole trader has an annual income of ₦2,500,000 and an annual expenditure of ₦1,800,000. What is the sole trader's annual profit?

Answer Options

Correct Answer A. ₦700,000
B. ₦1,200,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Skyline University 2018 Commerce Question 11. It is one of the objective questions from the 2018 Post Utme Skyline University Commerce examination.

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