Post Utme Eksu 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Eksu Economics examination.

Post Utme Eksu 2022 Economics Objective / Multiple Choice
Question 36 POST_UTME_EKSU • 2022 • ECONOMICS • objective

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 annual income. If a farmer earns ₦1,000,000 per year, how much tax will they pay?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Eksu 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Eksu Economics examination.

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