Post Utme Lautech 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Lautech Economics examination.

Post Utme Lautech 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_LAUTECH • 2024 • ECONOMICS • objective

A government imposes a tax of 10% on a good. The pre-tax price of the good is 100. What is the post-tax price?

Answer Options

A. 90
Correct Answer B. 95
C. 100
D. 105
Correct Answer
B
Correct Option:
95

About This Question

This is Post Utme Lautech 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Lautech Economics examination.

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