Post Utme Unilag 2025 Commerce Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNILAG • 2025 • COMMERCE • objective

A sole trader, Mr. A, has an annual income of ₦1,500,000 and annual expenses of ₦800,000. He pays 25% tax on his income. What is his net income after tax?

Answer Options

A. ₦1,200,000
Correct Answer B. ₦1,250,000
C. ₦1,300,000
D. ₦1,350,000
Correct Answer
B
Correct Option:
₦1,250,000

About This Question

This is Post Utme Unilag 2025 Commerce Question 27. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.

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