Post Utme Joseph Ayo Babalola University 2017 Economics Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2017 Economics Objective / Multiple Choice
Question 16 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

The government of a country decides to implement a policy to reduce the price of a commodity by 20%. If the initial price is ₦100, what is the new price of the commodity?

Answer Options

Correct Answer A. ₦80
B. ₦90
C. ₦120
D. ₦140
Correct Answer
A
Correct Option:
₦80

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Economics Question 16. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Economics examination.

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