Post Utme Summit University 2022 Economics Question 26

Practice objective / multiple choice question 26 from the 2022 Post Utme Summit University Economics examination.

Post Utme Summit University 2022 Economics Objective / Multiple Choice
Question 26 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ECONOMICS • objective

A government imposes a tax on imported goods to raise revenue. The tax is levied at a rate of 10% of the value of the goods. If the value of the goods is ₦100,000, what is the amount of tax paid?

Answer Options

Correct Answer A. ₦10,000
B. ₦9,000
C. ₦11,000
D. ₦12,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Summit University 2022 Economics Question 26. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.

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