Post Utme Eksu 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Eksu Commerce examination.

Post Utme Eksu 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_EKSU • 2024 • COMMERCE • objective

A company's insurance policy has a deductible of ₦50,000 and an excess of ₦20,000. If the total claim is ₦200,000, what is the amount paid by the insurance company?

Answer Options

Correct Answer A. ₦130,000
B. ₦140,000
C. ₦150,000
D. ₦160,000
Correct Answer
A
Correct Option:
₦130,000

About This Question

This is Post Utme Eksu 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Eksu Commerce examination.

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