Post Utme Veritas University 2020 Commerce Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2020 Commerce Objective / Multiple Choice
Question 5 POST_UTME_VERITAS_UNIVERSITY • 2020 • COMMERCE • objective

A sole trader has a business income of ₦200,000 and a business expense of ₦100,000. What is the business profit?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Veritas University 2020 Commerce Question 5. It is one of the objective questions from the 2020 Post Utme Veritas University Commerce examination.

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