Neco 2020 Civic Education Question 22
Practice objective / multiple choice question 22 from the 2020 Neco Civic Education examination.
A public infrastructure project is allocated a budget of \(N500\) million. Corruption scheme A diverts \(12\%\) of the allocated funds. Scheme B then diverts \(8\%\) of the remaining amount after scheme A. Scheme C diverts a fixed amount of \(N15\) million plus \(5\%\) of the remaining amount after scheme B. Determine (a) the total amount lost to corruption in millions of naira, and (b) the percentage of the original budget that this total represents (rounded to two decimal places).
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About This Question
This is Neco 2020 Civic Education Question 22. It is one of the objective questions from the 2020 Neco Civic Education examination.
Difficulty level: Hard .
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