Post Utme Delsu 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Delsu Commerce examination.

Post Utme Delsu 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_DELSU • 2023 • COMMERCE • objective

A company's insurance policy has a deductible of ₦10,000. If the company's annual premium is ₦50,000 and it makes a claim of ₦20,000, what is the company's net insurance cost?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Delsu 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Delsu Commerce examination.

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