Post Utme Delsu 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Delsu Commerce examination.

Post Utme Delsu 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_DELSU • 2019 • COMMERCE • objective

A customer deposits ₦10,000 into a savings account with an interest rate of 5% per annum. How much interest will be earned in one year?

Answer Options

A. ₦500
Correct Answer B. ₦1,000
C. ₦1,500
D. ₦2,000
Correct Answer
B
Correct Option:
₦1,000

About This Question

This is Post Utme Delsu 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Delsu Commerce examination.

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