Post Utme Bells University 2025 Commerce Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Bells University Commerce examination.

Post Utme Bells University 2025 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BELLS_UNIVERSITY • 2025 • COMMERCE • objective

A consumer has a credit card with a balance of ₦50,000. The interest rate is 20% per annum. If the consumer makes a payment of ₦10,000, what is the new balance?

Answer Options

A. ₦40,000
Correct Answer B. ₦45,000
C. ₦50,000
D. ₦55,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Bells University 2025 Commerce Question 32. It is one of the objective questions from the 2025 Post Utme Bells University Commerce examination.

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