Post Utme Joseph Ayo Babalola University 2025 Economics Question 21
Practice objective / multiple choice question 21 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue from the agricultural sector. The policy requires farmers to pay a 10% tax on their total sales. However, the farmers are allowed to deduct 20% of their total sales as a discount. If a farmer sells goods worth ₦1,000,000, how much tax will they pay?
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This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.
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