Neco Model Questions Vol1 2021 Civic Education Question 5

Practice objective / multiple choice question 5 from the 2021 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2021 Civic Education Objective / Multiple Choice Hard Difficulty
Question 5 NECO_MODEL_QUESTIONS_VOL1 • 2021 • CIVIC_EDUCATION • objective

Before a new speed‑camera enforcement campaign, a city recorded 200 000 vehicle trips per month, with \(5\%\) of drivers exceeding the speed limit and each receiving a fine of 20 000 Naira. After the campaign, vehicle trips increased by \(10\%\) and the violation rate fell to \(3\%\). Assuming the fine amount remains unchanged, compute the new monthly fine revenue, the percentage change in revenue compared with the previous amount, and indicate whether the new revenue meets the city's target of 150 000 000 Naira.

Answer Options

A. New revenue = 132 000 000 Naira, a 34 % increase from the previous 200 000 000 Naira, and it falls short of the 150 000 000 Naira target.
Correct Answer B. New revenue = 132 000 000 Naira, a 34 % decrease from the previous 200 000 000 Naira, and it falls short of the 150 000 000 Naira target.
C. New revenue = 126 000 000 Naira, a 37 % decrease from the previous 200 000 000 Naira, and it falls short of the 150 000 000 Naira target.
D. New revenue = 144 000 000 Naira, a 28 % decrease from the previous 200 000 000 Naira, and it meets the 150 000 000 Naira target.
Correct Answer
B
Correct Option:
New revenue = 132 000 000 Naira, a 34 % decrease from the previous 200 000 000 Naira, and it falls short of the 150 000 000 Naira target.

About This Question

This is Neco Model Questions Vol1 2021 Civic Education Question 5. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support