Post Utme Ui 2024 Commerce Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Ui Commerce examination.

Post Utme Ui 2024 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UI • 2024 • COMMERCE • objective

A sole trader, Mr. A, has a business that generates annual sales of ₦1,500,000. His expenses include rent (₦200,000), salaries (₦300,000), and other expenses (₦100,000). What is Mr. A's net profit?

Answer Options

Correct Answer A. ₦800,000
B. ₦900,000
C. ₦1,000,000
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦800,000

About This Question

This is Post Utme Ui 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Ui 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