Post Utme Uniport 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Uniport Commerce examination.

Post Utme Uniport 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNIPORT • 2020 • COMMERCE • objective

A sole trader has a business that generates an annual revenue of ₦500,000 and an annual expense of ₦200,000. What is the sole trader's net profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Uniport 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Uniport Commerce examination.

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