Post Utme Uniport 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Uniport Commerce examination.

Post Utme Uniport 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNIPORT • 2021 • COMMERCE • objective

A firm is considering two different insurance policies: Policy A, which has a premium of ₦10,000 per year, and Policy B, which has a premium of ₦20,000 per year. If the firm's current annual insurance premium is ₦15,000, what is the difference in premium between Policy A and Policy B?

Answer Options

A. ₦5,000
Correct Answer B. ₦5,000.00
C. ₦5,000.00
D. ₦5,000.00
Correct Answer
B
Correct Option:
₦5,000.00

About This Question

This is Post Utme Uniport 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support