Post Utme Esut 2017 Economics Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Esut Economics examination.

Post Utme Esut 2017 Economics Objective / Multiple Choice
Question 1 POST_UTME_ESUT • 2017 • ECONOMICS • objective

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

Answer Options

Correct Answer A. ₦10,000
B. ₦9,000
C. ₦11,000
D. ₦12,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Esut 2017 Economics Question 1. It is one of the objective questions from the 2017 Post Utme Esut Economics examination.

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