Gce Model Questions Vol1 2017 Government Question 46
Practice objective / multiple choice question 46 from the 2017 Gce Model Questions Vol1 Government examination.
A county council's total annual revenue \(R\) consists of a fixed central grant \(G\) and council‑tax revenue \(T\). The grant is £5 million. Council‑tax revenue is calculated as \(T = p \times B\), where \(p\) is the rate per band unit and \(B\) is the total number of band units. Currently \(p = £120\) and \(B = 30{,}000\). The council plans to increase the rate by 8 % while anticipating a 5 % fall in the number of band units because of demographic change. What is the percentage change in the council's total revenue, to two decimal places?
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About This Question
This is Gce Model Questions Vol1 2017 Government Question 46. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Government examination.
Difficulty level: Hard .
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