Neco 2025 Civic Education Question 47
Practice objective / multiple choice question 47 from the 2025 Neco Civic Education examination.
A public official received three bribes of ₦500,000, ₦300,000 and ₦200,000. The anti‑corruption agency imposes a penalty equal to \(30\%\) of the total bribes plus a fixed fine of ₦150,000. After the penalty, the remaining bribe amount is subject to an income‑tax of \(20\%\). The official also earns a legitimate salary of ₦1,200,000 which is taxed at \(15\%\) before any bribes are considered. If the net amount (salary after tax plus after‑tax bribe amount) exceeds ₦500,000, an additional audit fine of \(5\%\) of the net amount is imposed. What is the final net amount the official retains after all penalties, taxes and the audit fine? Express your answer in naira.
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About This Question
This is Neco 2025 Civic Education Question 47. It is one of the objective questions from the 2025 Neco Civic Education examination.
Difficulty level: Hard .
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