Neco Model Questions Vol1 2024 Government Question 1

Practice objective / multiple choice question 1 from the 2024 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2024 Government Objective / Multiple Choice Hard Difficulty
Question 1 NECO_MODEL_QUESTIONS_VOL1 • 2024 • GOVERNMENT • objective

A local government has a total budget of \(120\) million naira to fund three projects A, B and C. The funding for A and B must be in the ratio 3:2. Each project must receive at least the following minimum amounts: A - \(30\) million, B - \(20\) million, C - \(25\) million. In addition, the amount allocated to C is required to be exactly twice the amount by which the allocation to A exceeds its minimum. Determine the amount (in million naira) allocated to each project.

Answer Options

A. A \approx 56.25 million, B \approx 37.50 million, C \approx 26.25 million
B. A \approx 40.00 million, B \approx 60.00 million, C \approx 20.00 million
C. A \approx 40.91 million, B \approx 27.27 million, C \approx 51.82 million
Correct Answer D. A \(\approx\) 49.09 million, B \(\approx\) 32.73 million, C \(\approx\) 38.18 million
Correct Answer
D
Correct Option:
A \(\approx\) 49.09 million, B \(\approx\) 32.73 million, C \(\approx\) 38.18 million

About This Question

This is Neco Model Questions Vol1 2024 Government Question 1. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Government examination.

Difficulty level: Hard .

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