Post Utme Unilorin 2025 Commerce Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2025 Commerce Objective / Multiple Choice
Question 8 POST_UTME_UNILORIN • 2025 • COMMERCE • objective

A customer deposits ₦10,000 into a savings account with an interest rate of 5% per annum. How much interest will the customer earn in one year?

Answer Options

A. ₦500
Correct Answer B. ₦500.50
C. ₦500.50
D. ₦500.50
Correct Answer
B
Correct Option:
₦500.50

About This Question

This is Post Utme Unilorin 2025 Commerce Question 8. It is one of the objective questions from the 2025 Post Utme Unilorin Commerce examination.

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