Post Utme Summit University 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Summit University Commerce examination.

Post Utme Summit University 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_SUMMIT_UNIVERSITY • 2018 • COMMERCE • objective

A sole trade business generates a profit of ₦150,000 in the first year and ₦200,000 in the second year. What is the average annual profit?

Answer Options

A. ₦175,000
B. ₦180,000
Correct Answer C. ₦185,000
D. ₦190,000
Correct Answer
C
Correct Option:
₦185,000

About This Question

This is Post Utme Summit University 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Summit University 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