Post Utme Uniben 2021 Economics Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 1 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

The government of a country imposes a tax on imported goods to raise revenue. If the tax is increased by 20%, what will be the new tax rate if the original tax rate was 15%?

Answer Options

A. 18%
B. 20%
Correct Answer C. 22%
D. 25%
Correct Answer
C
Correct Option:
22%

About This Question

This is Post Utme Uniben 2021 Economics Question 1. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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