Post Utme Al Hikmah University 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2022 Economics Objective / Multiple Choice

Question 33 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ECONOMICS • objective

The Nigerian government has implemented a value-added tax (VAT) of 10% on all goods and services. Calculate the VAT payable on a good that \costs ₦1,000.

Answer Options

Correct Answer A. ₦100

B. ₦200

C. ₦300

D. ₦400

Correct Answer

Correct Option:

₦100

About This Question

This is Post Utme Al Hikmah University 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Economics examination.

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