Gce Model Questions Vol1 2020 Government Question 20

Practice objective / multiple choice question 20 from the 2020 Gce Model Questions Vol1 Government examination.

Gce Model Questions Vol1 2020 Government Objective / Multiple Choice Medium Difficulty
Question 20 GCE_MODEL_QUESTIONS_VOL1 • 2020 • GOVERNMENT • objective

A pressure group's annual budget is £\(2.5\) million, funded as follows: 40 % from membership fees, 35 % from donations, and the remainder from government grants. The group aims to increase its total budget by 20 % next year. It can raise membership fees by at most 10 % of the current amount and donations by at most 5 % of the current amount. By how much (in £) must the government grant increase to achieve the target budget?

Answer Options

Correct Answer A. £356,250
B. £125,000
C. £400,000
D. £456,250
Correct Answer
A
Correct Option:
£356,250

About This Question

This is Gce Model Questions Vol1 2020 Government Question 20. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Government examination.

Difficulty level: Medium .

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