Post Utme Nile University 2018 Commerce Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Nile University Commerce examination.

Post Utme Nile University 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_NILE_UNIVERSITY • 2018 • COMMERCE • objective

A bank's current account balance is ₦500,000. If the bank pays out ₦200,000 in withdrawals and receives ₦150,000 in new deposits, what is the new balance?

Answer Options

A. ₦450,000
B. ₦475,000
C. ₦500,000
Correct Answer D. ₦525,000
Correct Answer
D
Correct Option:
₦525,000

About This Question

This is Post Utme Nile University 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Nile University Commerce examination.

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