Post Utme Summit University 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Summit University Economics examination.

Post Utme Summit University 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ECONOMICS • objective

A government imposes a tax of 10% on a good. If the price of the good is 100 naira, what is the new price after the tax?

Answer Options

A. 90 naira
B. 100 naira
Correct Answer C. 110 naira
D. 120 naira
Correct Answer
C
Correct Option:
110 naira

About This Question

This is Post Utme Summit University 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.

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