Gce Model Questions Vol1 2018 Civic Education Question 39
Practice objective / multiple choice question 39 from the 2018 Gce Model Questions Vol1 Civic Education examination.
A public project is budgeted at \(\text{₦}150\) million. Corruption causes a loss of \(12\%\) of the budget at the procurement stage and a further \(5\%\) of the remaining amount through inflated contracts. (a) What amount is actually spent on the project? (b) If anti‑corruption reforms reduce the procurement loss to \(6\%\) and the inflated‑contract loss to \(3\%\), what is the percentage increase in the amount actually spent compared with part (a)? Give your answer to one decimal place.
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About This Question
This is Gce Model Questions Vol1 2018 Civic Education Question 39. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Civic Education examination.
Difficulty level: Hard .
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