Post Utme Lautech 2022 Commerce Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Lautech Commerce examination.

Post Utme Lautech 2022 Commerce Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2022 • COMMERCE • objective

A company has a fleet of 10 vehicles, each with an average annual maintenance cost of ₦500,000. If the company pays 10% of the maintenance cost as insurance premium, what is the total amount of insurance premium paid?

Answer Options

Correct Answer A. ₦50,000
B. ₦50,000.00
C. ₦50,000.00
D. ₦50,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Lautech 2022 Commerce Question 18. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.

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