Post Utme Unilorin 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Unilorin 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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