Post Utme Christopher University 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • COMMERCE • objective

A company's banking system uses a cashless payment method for its employees. If the company has 500 employees, and each employee's average monthly salary is ₦150,000, what is the total amount of money the company saves per month by using the cashless payment method?

Answer Options

Correct Answer A. ₦75,000,000
B. ₦75,500,000
C. ₦76,000,000
D. ₦76,500,000
Correct Answer
A
Correct Option:
₦75,000,000

About This Question

This is Post Utme Christopher University 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Christopher University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support