Neco 2020 Economics Question 43

Practice objective / multiple choice question 43 from the 2020 Neco Economics examination.

Neco 2020 Economics Objective / Multiple Choice Easy Difficulty
Question 43 NECO • 2020 • ECONOMICS • objective

A consumer earns a monthly income of \(\text{₦}500,000\) and spends 30\% of it on food. How much does the consumer spend on food each month?

Answer Options

A. 130000
Correct Answer B. 150000
C. 200000
D. 160000
Correct Answer
B
Correct Option:
150000

About This Question

This is Neco 2020 Economics Question 43. It is one of the objective questions from the 2020 Neco Economics examination.

Difficulty level: Easy .

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