Gce Model Questions Vol1 2025 Government Question 36

Practice objective / multiple choice question 36 from the 2025 Gce Model Questions Vol1 Government examination.

Gce Model Questions Vol1 2025 Government Objective / Multiple Choice Hard Difficulty
Question 36 GCE_MODEL_QUESTIONS_VOL1 • 2025 • GOVERNMENT • objective

A local council's total annual revenue is £4,000,000, consisting of property tax, business rates, a central government grant and fees. The property tax accounts for \(30\%\) of the total revenue. The ratio of property tax to business rates is \(3:5\). The central government grant equals \(25\%\) of the amount received from business rates. Calculate the amount received from fees.

Answer Options

Correct Answer A. £300,000
B. £250,000
C. £400,000
D. £350,000
Correct Answer
A
Correct Option:
£300,000

About This Question

This is Gce Model Questions Vol1 2025 Government Question 36. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Government examination.

Difficulty level: Hard .

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