Post Utme Wellspring University 2018 Commerce Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice
Question 35 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader business has a profit of ₦100,000 and a loss of ₦20,000 in the current year. What is the net profit for the year?

Answer Options

Correct Answer A. ₦80,000
B. ₦90,000
C. ₦100,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 35. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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