Post Utme Unilag 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNILAG • 2025 • COMMERCE • objective

A sole trader, Mr. Johnson, has a business that generates an average profit of ₦50,000 per month. If he wants to expand his business and increase his profit by 20%, how much more capital will he need to invest?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Unilag 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Unilag 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