Post Utme Bsu 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Bsu Commerce examination.

Post Utme Bsu 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_BSU • 2025 • COMMERCE • objective

A firm's insurance policy covers losses due to natural disasters. If the policy has a deductible of ₦100,000 and the firm suffers a loss of ₦500,000, what is the amount the firm must pay out of pocket?

Answer Options

A. ₦400,000
B. ₦300,000
C. ₦200,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Bsu 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Bsu Commerce examination.

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