Gce Model Questions Vol1 2020 Government Question 1

Practice objective / multiple choice question 1 from the 2020 Gce Model Questions Vol1 Government examination.

Gce Model Questions Vol1 2020 Government Objective / Multiple Choice Hard Difficulty
Question 1 GCE_MODEL_QUESTIONS_VOL1 • 2020 • GOVERNMENT • objective

A local council has \(12{,}000\) households. The current council tax per household is \(£1{,}200\), but \(10\%\) of households are exempt and pay nothing. The council's annual expenditure is \(£13.5\) million. The council wishes to eliminate a deficit of \(£1.2\) million and at the same time expects the number of households to rise by \(5\%\) next year. Assuming the tax rate per paying household will be the same for all paying households, what should be the new council tax per household (in whole pounds) for next year?

Answer Options

A. 1287
B. 1275
Correct Answer C. 1297
D. 1302
Correct Answer
C
Correct Option:
1297

About This Question

This is Gce Model Questions Vol1 2020 Government Question 1. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Government examination.

Difficulty level: Hard .

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