Post Utme Veritas University 2024 Commerce Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

A sole trader business has a profit of ₦200,000 and a capital of ₦500,000. What is the return on investment (ROI) for this business?

Answer Options

A. 40%
Correct Answer B. 50%
C. 60%
D. 70%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Veritas University 2024 Commerce Question 25. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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