Post Utme Esut 2020 Economics Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 21 POST_UTME_ESUT • 2020 • ECONOMICS • objective

The government of a country decides to impose a tax on imported goods to raise revenue. The tax is levied at a rate of 10% of the value of the goods. If the value of the goods is ₦100,000, what is the amount of tax paid by the importer?

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 2020 Economics Question 21. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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