Post Utme Esut 2022 Commerce Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Esut Commerce examination.

Post Utme Esut 2022 Commerce Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2022 • COMMERCE • objective

A company has a fire insurance policy with a premium of ₦50,000. The company pays a claim of ₦200,000. What is the benefit ratio?

Answer Options

A. 2:1
Correct Answer B. 3:1
C. 4:1
D. 5:1
Correct Answer
B
Correct Option:
3:1

About This Question

This is Post Utme Esut 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Esut Commerce examination.

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