Post Utme Rhema University 2024 Economics Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2024 Economics Objective / Multiple Choice
Question 32 POST_UTME_RHEMA_UNIVERSITY • 2024 • ECONOMICS • objective

The Nigerian government is considering a policy to increase the price of a commodity by 20%. If the current price is ₦100, what will be the new price?

Answer Options

Correct Answer A. ₦120
B. ₦100
C. ₦80
D. ₦60
Correct Answer
A
Correct Option:
₦120

About This Question

This is Post Utme Rhema University 2024 Economics Question 32. It is one of the objective questions from the 2024 Post Utme Rhema University Economics examination.

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