Post Utme Redeemers University 2021 Commerce Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 10 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

A company's insurance policy has a deductible of ₦5,000. If the company suffers a loss of ₦20,000, how much will it receive from the insurance company?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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