Post Utme Unilag 2025 Commerce Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 15 POST_UTME_UNILAG • 2025 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and business expenses of ₦200,000. What is the sole trader's taxable profit?

Answer Options

A. ₦300,000
Correct Answer B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Unilag 2025 Commerce Question 15. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.

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