Post Utme Ksu 2019 Economics Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 37 POST_UTME_KSU • 2019 • ECONOMICS • objective

The government of Nigeria has introduced a new tax policy to increase revenue. The tax rate is 10% of the income, and the income tax threshold is ₦200,000. If a person earns ₦250,000 per annum, how much tax will they pay?

Answer Options

Correct Answer A. ₦20,000
B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Ksu 2019 Economics Question 37. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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