Post Utme Uniben 2023 Economics Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Uniben Economics examination.
The government of Nigeria has introduced a new tax policy aimed at increa\sing revenue from the agricultural sector. The policy includes a 10% tax on all agricultural produce sold in the market. If the total revenue from the sale of agricultural produce is ₦1,500,000, and the tax rate is 10%, what is the amount of tax paid by the farmers?
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About This Question
This is Post Utme Uniben 2023 Economics Question 29. It is one of the objective questions from the 2023 Post Utme Uniben Economics examination.
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