Post Utme Eksu 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_EKSU • 2025 • ECONOMICS • objective

The government of Nigeria imposes a tax on the sale of petroleum products. The tax is levied at a rate of 10% of the sale price. If the sale price of petroleum products is ₦100 per liter, what is the tax revenue generated by the government?

Answer Options

Correct Answer A. ₦10
B. ₦20
C. ₦30
D. ₦40
Correct Answer
A
Correct Option:
₦10

About This Question

This is Post Utme Eksu 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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