Post Utme Igbinedion University 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • COMMERCE • objective

A company has a policy of paying its employees a bonus of 10% of their annual salary. If an employee's annual salary is ₦500,000, what is the bonus amount?

Answer Options

A. ₦50,000
Correct Answer B. ₦55,000
C. ₦60,000
D. ₦65,000
Correct Answer
B
Correct Option:
₦55,000

About This Question

This is Post Utme Igbinedion University 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.

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