Post Utme Unilorin 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNILORIN • 2024 • COMMERCE • objective

A sole trader has a business income of ₦100,000 and a business expense of ₦50,000. What is the business profit?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Unilorin 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Unilorin 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