Post Utme Lautech 2022 Commerce Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Lautech Commerce examination.

Post Utme Lautech 2022 Commerce Objective / Multiple Choice
Question 14 POST_UTME_LAUTECH • 2022 • COMMERCE • objective

A company's insurance policy has a deductible of ₦10,000. If the company pays ₦50,000 for a claim, and the insurance company pays ₦40,000, what is the total amount the company paid?

Answer Options

A. ₦40,000
Correct Answer B. ₦30,000
C. ₦20,000
D. ₦10,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Lautech 2022 Commerce Question 14. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.

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