Post Utme Futa 2022 Economics Question 34
Practice objective / multiple choice question 34 from the 2022 Post Utme Futa Economics examination.
A government imposes a tax on a firm's profits. The tax rate is 20% of the profit. If the firm's profit is ₦1,000,000, what is the amount of tax paid?
Answer Options
About This Question
This is Post Utme Futa 2022 Economics Question 34. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.