Neco 2022 Government Question 27

Practice objective / multiple choice question 27 from the 2022 Neco Government examination.

Neco 2022 Government Objective / Multiple Choice Medium Difficulty
Question 27 NECO • 2022 • GOVERNMENT • objective

Group A has \(120\) members, each contributing \(\text{₦}500\) per month. Group B has \(80\) members, each contributing \(\text{₦}800\) per month. The total monthly funds are used to lobby, and the government allocates a lobbying budget of \(\text{₦}200,000\) proportionally to the funds raised.\n\n(a) How much of the budget does each group receive initially?\n\n(b) If Group A increases each member's contribution by \(10\%\) and Group B reduces its membership by \(5\) members (keeping contribution unchanged), what are the new allocations for each group, assuming the total budget remains \(\text{₦}200,000\)?

Answer Options

Correct Answer A. Initially, Group A receives ₦96,774.19 and Group B receives ₦103,225.81. After the changes, Group A receives ₦104,761.90 and Group B receives ₦95,238.10.
B. Initially, Group A receives ₦100,000.00 and Group B receives ₦100,000.00. After the changes, Group A receives ₦110,000.00 and Group B receives ₦90,000.00.
C. Initially, Group A receives ₦95,000.00 and Group B receives ₦105,000.00. After the changes, Group A receives ₦103,000.00 and Group B receives ₦97,000.00.
D. Initially, Group A receives ₦90,000.00 and Group B receives ₦110,000.00. After the changes, Group A receives ₦108,000.00 and Group B receives ₦92,000.00.
Correct Answer
A
Correct Option:
Initially, Group A receives ₦96,774.19 and Group B receives ₦103,225.81. After the changes, Group A receives ₦104,761.90 and Group B receives ₦95,238.10.

About This Question

This is Neco 2022 Government Question 27. It is one of the objective questions from the 2022 Neco Government examination.

Difficulty level: Medium .

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