Neco Model Questions Vol1 2020 Civic Education Question 39

Practice objective / multiple choice question 39 from the 2020 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2020 Civic Education Objective / Multiple Choice Hard Difficulty
Question 39 NECO_MODEL_QUESTIONS_VOL1 • 2020 • CIVIC_EDUCATION • objective

The federal government allocated \(\,500\) million naira to the health sector. Corruption schemes affect the allocation as follows: - Scheme A siphons \(12\%\) of the original total. - After Scheme A, Scheme B siphons \(8\%\) of the remaining amount. - Scheme C later returns \(5\%\) of the original total to the treasury. What is the net amount of money lost to corruption after all three schemes?

Answer Options

A. 95.2 million naira
Correct Answer B. 70.2 million naira
C. 75.0 million naira
D. 74.96 million naira
Correct Answer
B
Correct Option:
70.2 million naira

About This Question

This is Neco Model Questions Vol1 2020 Civic Education Question 39. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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