Post Utme Eksu 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Eksu Commerce examination.

Post Utme Eksu 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2025 • COMMERCE • objective

A company has a fleet of 10 vehicles, including 5 cars and 5 trucks. The company wants to insure the vehicles against theft and damage. The insurance premium for each car is ₦500,000, and the insurance premium for each truck is ₦750,000. What is the total insurance premium for the company?

Answer Options

A. ₦7.5 million
Correct Answer B. ₦8 million
C. ₦8.5 million
D. ₦9 million
Correct Answer
B
Correct Option:
₦8 million

About This Question

This is Post Utme Eksu 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Eksu Commerce examination.

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