Post Utme Unilag 2019 Commerce Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Unilag Commerce examination.

Post Utme Unilag 2019 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2019 • COMMERCE • objective

A company has a turnover of ₦500 million and a profit before tax of ₦100 million. If the tax rate is 20%, what is the company's profit after tax?

Answer Options

A. ₦80 million
B. ₦120 million
Correct Answer C. ₦80.5 million
D. ₦120.5 million
Correct Answer
C
Correct Option:
₦80.5 million

About This Question

This is Post Utme Unilag 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Unilag Commerce examination.

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