Post Utme Delsu 2019 Commerce Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Delsu Commerce examination.

Post Utme Delsu 2019 Commerce Objective / Multiple Choice
Question 20 POST_UTME_DELSU • 2019 • COMMERCE • objective

A bank's assets are given by A = 2B + 3C, where B is the amount of cash and C is the amount of securities. If the bank's assets are ₦1,500,000 and the amount of cash is ₦500,000, what is the amount of securities (C)?

Answer Options

A. ₦500,000
B. ₦750,000
Correct Answer C. ₦1,000,000
D. ₦1,250,000
Correct Answer
C
Correct Option:
₦1,000,000

About This Question

This is Post Utme Delsu 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Delsu 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