Post Utme Noun 2018 Economics Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Noun Economics examination.

Post Utme Noun 2018 Economics Objective / Multiple Choice
Question 26 POST_UTME_NOUN • 2018 • ECONOMICS • objective

A government 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?

Answer Options

Correct Answer A. ₦80
B. ₦90
C. ₦100
D. ₦120
Correct Answer
A
Correct Option:
₦80

About This Question

This is Post Utme Noun 2018 Economics Question 26. It is one of the objective questions from the 2018 Post Utme Noun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support