Gce Model Questions Vol1 2019 Civic Education Question 27
Practice objective / multiple choice question 27 from the 2019 Gce Model Questions Vol1 Civic Education examination.
A government introduces a whistle‑blower reward scheme. For every successfully recovered case of corruption the whistle‑blower receives \(10\%\) of the amount recovered, and the scheme incurs a fixed administrative cost of \(N50,000\) per year. In a given year the average amount recovered per successful case is \(N500,000\). Only \(60\%\) of reported cases lead to successful recovery. The government wants the net benefit (total recovered minus rewards and the administrative cost) to be at least \(N2,000,000\). What is the minimum number of cases that must be reported in that year to meet the target?
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About This Question
This is Gce Model Questions Vol1 2019 Civic Education Question 27. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Civic Education examination.
Difficulty level: Hard .
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