Neco Model Questions Vol1 2018 Government Question 15

Practice objective / multiple choice question 15 from the 2018 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2018 Government Objective / Multiple Choice Hard Difficulty
Question 15 NECO_MODEL_QUESTIONS_VOL1 • 2018 • GOVERNMENT • objective

A local government area received a development grant of ₦150 million for the year 2020. Its population at the start of 2020 was 250 000 and grew at an annual rate of 2.5 %. Assuming the grant is to be distributed equally per person over the year, using the average population for the year, what amount in naira is allocated per person, rounded to the nearest naira?

Answer Options

Correct Answer A. 593
B. 600
C. 592
D. 585
Correct Answer
A
Correct Option:
593

About This Question

This is Neco Model Questions Vol1 2018 Government Question 15. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Government examination.

Difficulty level: Hard .

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