Post Utme Rhema University 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 15 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's inflation rate is 10%. If the price of a commodity is ₦100, what is the new price after one year?

Answer Options

A. ₦110
Correct Answer B. ₦120
C. ₦130
D. ₦140
Correct Answer
B
Correct Option:
₦120

About This Question

This is Post Utme Rhema University 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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