Post Utme Unilag 2018 Commerce Question 3

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

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A company has a policy of paying its employees a bonus of 10% of their salary after 5 years of service. If an employee is currently earning ₦100,000 per month, what is the total bonus the employee will receive after 5 years?

Answer Options

A. ₦600,000
B. ₦700,000
Correct Answer C. ₦800,000
D. ₦900,000
Correct Answer
C
Correct Option:
₦800,000

About This Question

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

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