Gce Model Questions Vol1 2020 Civic Education Question 10
Practice objective / multiple choice question 10 from the 2020 Gce Model Questions Vol1 Civic Education examination.
A progressive civic tax is levied as follows: the first \(\text{₦}1\,000\,000\) of annual income is taxed at \(3\%\), and any income above that is taxed at \(5\%\). If a citizen earns an annual income of \(\text{₦}2\,500\,000\), how much tax must they pay (in Naira)?
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About This Question
This is Gce Model Questions Vol1 2020 Civic Education Question 10. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Civic Education examination.
Difficulty level: Easy .
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