Neco 2019 Civic Education Question 30
Practice objective / multiple choice question 30 from the 2019 Neco Civic Education examination.
A public officer receives a bribe of \(₦500{,}000\). The law imposes a penalty equal to \(150\\%\) of the bribe amount, plus a fine of \(10\\%\) of the officer's annual salary. The officer's annual salary is \(₦2{,}400{,}000\). Additionally, the officer must pay an income tax of \(5\\%\) on the total amount received (bribe plus penalty plus fine). What is the net amount the officer retains after paying the tax?
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About This Question
This is Neco 2019 Civic Education Question 30. It is one of the objective questions from the 2019 Neco Civic Education examination.
Difficulty level: Hard .
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