Post Utme Wellspring University 2023 Commerce Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 14 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A sole trader has a business income of ₦500,000 and a business expense of ₦200,000. If the sole trader wants to save 20% of the business income, how much will be saved?

Answer Options

A. ₦50,000
B. ₦60,000
Correct Answer C. ₦70,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦70,000

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 14. It is one of the objective questions from the 2023 Post Utme Wellspring University Commerce examination.

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