Post Utme Crawford University 2017 Commerce Question 16
Practice objective / multiple choice question 16 from the 2017 Post Utme Crawford University Commerce examination.
A company's warehouse is storing goods worth ₦5,000,000. The goods are insured against theft and damage. If the insurance premium is 2% of the total value of the goods, and the company pays an additional ₦50,000 as a deductible, what is the total cost of insurance for the goods?
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About This Question
This is Post Utme Crawford University 2017 Commerce Question 16. It is one of the objective questions from the 2017 Post Utme Crawford University Commerce examination.
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