Post Utme Unilorin 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A government imposes a tax of 10% on a good. If the pre-tax price is ₦100, calculate the post-tax price and the tax revenue.

Answer Options

Correct Answer A. ₦90, ₦10
B. ₦100, ₦0
C. ₦110, ₦10
D. ₦120, ₦20
Correct Answer
A
Correct Option:
₦90, ₦10

About This Question

This is Post Utme Unilorin 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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