Post Utme Afe Babalola University 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A company has a fleet of 50 vehicles, including cars and trucks. If the company's insurance policy covers 80% of the total value of the vehicles, and the total value of the vehicles is ₦500 million, what is the total value of the vehicles covered by the insurance policy?

Answer Options

A. ₦400 million
Correct Answer B. ₦420 million
C. ₦440 million
D. ₦460 million
Correct Answer
B
Correct Option:
₦420 million

About This Question

This is Post Utme Afe Babalola University 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Commerce examination.

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