Post Utme Bells University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Bells University Commerce examination.

Post Utme Bells University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_BELLS_UNIVERSITY • 2022 • COMMERCE • objective

A company has a fleet of 10 vehicles, each with an average annual insurance premium of ₦50,000. If the company also pays an additional ₦10,000 per vehicle for comprehensive insurance, what is the total annual insurance premium for the fleet?

Answer Options

A. ₦500,000
B. ₦550,000
Correct Answer C. ₦600,000
D. ₦650,000
Correct Answer
C
Correct Option:
₦600,000

About This Question

This is Post Utme Bells University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Bells University Commerce examination.

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