Post Utme Uniport 2019 Commerce Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Uniport Commerce examination.

Post Utme Uniport 2019 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNIPORT • 2019 • COMMERCE • objective

A sole trader, Mr. A, has a business income of ₦3 million and a business expense of ₦1.5 million. He also has a personal income of ₦1.2 million and a personal expense of ₦0.8 million. What is Mr. A's total taxable income?

Answer Options

A. ₦1.2 million
B. ₦1.5 million
Correct Answer C. ₦2 million
D. ₦2.5 million
Correct Answer
C
Correct Option:
₦2 million

About This Question

This is Post Utme Uniport 2019 Commerce Question 27. It is one of the objective questions from the 2019 Post Utme Uniport Commerce examination.

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