Gce Model Questions Vol1 2022 Government Question 29
Practice objective / multiple choice question 29 from the 2022 Gce Model Questions Vol1 Government examination.
A government department has an annual budget of ₦\(12\) million. The original allocation is \(40\%\) to staff salaries, \(25\%\) to operational expenses and the remainder to capital projects. The department must cut its total budget by \(15\%\) but wishes to keep the absolute amount spent on staff salaries unchanged at ₦\(4.8\) million. Assuming the ratio between operational expenses and capital projects remains the same as before the cut, determine the new percentages of the reduced budget that will be spent on operational expenses and on capital projects (to two decimal places).
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About This Question
This is Gce Model Questions Vol1 2022 Government Question 29. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Government examination.
Difficulty level: Hard .
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