Post Utme Ims U 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Ims U Commerce examination.

Post Utme Ims U 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_IMS_U • 2019 • COMMERCE • objective

A company's insurance policy has a deductible of ₦5000. If it pays ₦15000 for a claim, what is the amount paid by the insurance company?

Answer Options

A. ₦10000
Correct Answer B. ₦11000
C. ₦12000
D. ₦13000
Correct Answer
B
Correct Option:
₦11000

About This Question

This is Post Utme Ims U 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.

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