Neco 2023 Government Question 6
Practice objective / multiple choice question 6 from the 2023 Neco Government examination.
A local government council receives three sources of revenue: property rates, market levy, and federal allocation. Property rates constitute \(40\%\) of the total revenue, market levy \(25\%\), and the federal allocation the remainder. The council plans to increase property rates by \(10\%\) and market levy by \(5\%\) while keeping the federal allocation unchanged. As a result, the total revenue increases by \(\text{₦}10{,}500{,}000\). What was the original total revenue of the council (in Naira)?
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About This Question
This is Neco 2023 Government Question 6. It is one of the objective questions from the 2023 Neco Government examination.
Difficulty level: Hard .
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