Post Utme Unn 2022 Accounting Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Unn Accounting examination.

Post Utme Unn 2022 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNN • 2022 • ACCOUNTING • objective

A company prepares its final accounts for the year. The trading profit is ₦200,000 and the profit before tax is ₦250,000. If the tax rate is 25%, what is the net profit for the year?

Answer Options

A. ₦187,500
B. ₦200,000
Correct Answer C. ₦212,500
D. ₦225,000
Correct Answer
C
Correct Option:
₦212,500

About This Question

This is Post Utme Unn 2022 Accounting Question 29. It is one of the objective questions from the 2022 Post Utme Unn Accounting examination.

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