Post Utme Unilorin 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A sole trader has a business income of ₦1.5 million and a business expense of ₦800,000. What is the sole trader's business profit?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1.1 million
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Unilorin 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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