Post Utme Greenfield University 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2020 Commerce Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • COMMERCE • objective

A company's insurance policy has a premium of ₦50,000 per year. If the company has a 10% discount for paying annually, what is the total premium paid for 5 years?

Answer Options

A. ₦250,000
Correct Answer B. ₦275,000
C. ₦300,000
D. ₦325,000
Correct Answer
B
Correct Option:
₦275,000

About This Question

This is Post Utme Greenfield University 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Greenfield University Commerce examination.

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