Post Utme Achievers University 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ECONOMICS • objective

A country has a tax rate of 20% on a good. If the price of the good is ₦100, what is the price paid by the consumer?

Answer Options

A. ₦80
Correct Answer B. ₦90
C. ₦100
D. ₦110
Correct Answer
B
Correct Option:
₦90

About This Question

This is Post Utme Achievers University 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.

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