Post Utme Al Hikmah University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • COMMERCE • objective

A company's insurance policy covers losses due to fire, theft, and natural disasters. The policy premium is ₦100,000 per annum. What is the probability of the company experiencing a loss due to fire?

Answer Options

A. 20%
B. 30%
Correct Answer C. 40%
D. 50%
Correct Answer
C
Correct Option:
40%

About This Question

This is Post Utme Al Hikmah University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Commerce examination.

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