Post Utme Eksu 2019 Economics Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 11 POST_UTME_EKSU • 2019 • ECONOMICS • objective

The government of a country imposes a tax on imports to raise revenue. The tax is levied at a rate of 10% on all imports. If the value of imports is ₦100,000, what is the amount of tax paid?

Answer Options

A. ₦8,000
Correct Answer B. ₦10,000
C. ₦12,000
D. ₦15,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Eksu 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Eksu Economics examination.

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