Post Utme Unn 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNN • 2022 • ECONOMICS • objective

A country's government imposes a tax on imports to raise revenue. The tax rate is 15% of the import value. If the country imports goods worth ₦1,500,000, what is the amount of tax paid?

Answer Options

A. ₦225,000
Correct Answer B. ₦187,500
C. ₦150,000
D. ₦225,000
Correct Answer
B
Correct Option:
₦187,500

About This Question

This is Post Utme Unn 2022 Economics Question 21. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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