Post Utme Ims U 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A company is considering the purchase of a new vehicle for its fleet. The vehicle will cost ₦10,000,000 and is expected to last for 5 years. What is the total cost of ownership (TCO) of the vehicle, assuming a fuel efficiency of 10 km/l and an annual fuel cost of ₦1,500,000?

Answer Options

A. ₦15,000,000
B. ₦20,000,000
Correct Answer C. ₦25,000,000
D. ₦30,000,000
Correct Answer
C
Correct Option:
₦25,000,000

About This Question

This is Post Utme Ims U 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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