Post Utme Uniben 2023 Commerce Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Uniben Commerce examination.

Post Utme Uniben 2023 Commerce Objective / Multiple Choice
Question 33 POST_UTME_UNIBEN • 2023 • COMMERCE • objective

A sole trader has a business that generates an annual profit of ₦500,000. If the sole trader wants to save 20% of the profit for taxes, how much will be left for personal use?

Answer Options

A. ₦400,000
Correct Answer B. ₦450,000
C. ₦400,000
D. ₦450,000
Correct Answer
B
Correct Option:
₦450,000

About This Question

This is Post Utme Uniben 2023 Commerce Question 33. It is one of the objective questions from the 2023 Post Utme Uniben Commerce examination.

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