Gce Model Questions Vol1 2024 Civic Education Question 7
Practice objective / multiple choice question 7 from the 2024 Gce Model Questions Vol1 Civic Education examination.
A public procurement project is valued at \(\text{₦}200\) million. Corruption adds two cost components: a kick‑back of 5 % of the project value and a price inflation of 12 % above market price. A new transparency measure reduces the kick‑back to 2 % and the price inflation to 6 %. Calculate (a) the total monetary saving for the government after the measures, and (b) the percentage reduction in total corruption cost relative to the original situation.
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This is Gce Model Questions Vol1 2024 Civic Education Question 7. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Civic Education examination.
Difficulty level: Hard .
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