Post Utme Eksu 2020 Economics Question 16
Practice objective / multiple choice question 16 from the 2020 Post Utme Eksu Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue from the agricultural sector. The policy requires farmers to pay a 10% tax on their total output. If a farmer produces 1000 bags of rice and each bag is sold at ₦5000, what is the total tax payable by the farmer?
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About This Question
This is Post Utme Eksu 2020 Economics Question 16. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.
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