Waec Model Questions Vol1 2021 Civic Education Question 17

Practice objective / multiple choice question 17 from the 2021 Waec Model Questions Vol1 Civic Education examination.

Waec Model Questions Vol1 2021 Civic Education Objective / Multiple Choice Hard Difficulty
Question 17 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • CIVIC_EDUCATION • objective

A public official receives a gross bribe amount G (in Naira). First, a middleman takes 30 % of G. The remaining amount is then subject to a 10 % tax. After these deductions, the official keeps the net amount. There is a 5 % chance that the official is caught, in which case he must pay a penalty equal to twice the net amount he kept; if not caught, he retains the net amount. Assuming the official wants his expected net income to be at least ₦200 000, what is the minimum whole‑number gross bribe G he must receive?

Answer Options

A. 352734
B. 353000
C. 340000
Correct Answer D. 352735
Correct Answer
D
Correct Option:
352735

About This Question

This is Waec Model Questions Vol1 2021 Civic Education Question 17. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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