Post Utme Skyline University 2025 Commerce Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2025 Commerce Objective / Multiple Choice
Question 23 POST_UTME_SKYLINE_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and expenses of ₦300,000. What is the profit made by the sole trader?

Answer Options

Correct Answer A. ₦200,000
B. ₦150,000
C. ₦100,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Skyline University 2025 Commerce Question 23. It is one of the objective questions from the 2025 Post Utme Skyline University Commerce examination.

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