Post Utme Aaua 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Aaua Commerce examination.

Post Utme Aaua 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_AAUA • 2023 • COMMERCE • objective

A company's insurance premium is ₦500,000. If the company has a deductible of ₦200,000, what is the company's net insurance premium?

Answer Options

A. ₦300,000
Correct Answer B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Aaua 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.

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