Gce Model Questions Vol1 2018 Civic Education Question 29

Practice objective / multiple choice question 29 from the 2018 Gce Model Questions Vol1 Civic Education examination.

Gce Model Questions Vol1 2018 Civic Education Objective / Multiple Choice Hard Difficulty
Question 29 GCE_MODEL_QUESTIONS_VOL1 • 2018 • CIVIC_EDUCATION • objective

A government project is allocated a budget of \(\text{₦}200\) million. During implementation, \(12\%\) of the budget is lost to procurement fraud, of which \(40\%\) is later recovered through legal action. From the remaining budget after the fraud, \(5\%\) is siphoned by officials, and \(30\%\) of that siphoned amount is voluntarily returned. What is the net amount (in million naira) lost to corruption?

Answer Options

A. 20.560
B. 30.160
Correct Answer C. 20.896
D. 23.680
Correct Answer
C
Correct Option:
20.896

About This Question

This is Gce Model Questions Vol1 2018 Civic Education Question 29. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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