Neco Model Questions Vol1 2025 Civic Education Question 44

Practice objective / multiple choice question 44 from the 2025 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2025 Civic Education Objective / Multiple Choice Medium Difficulty
Question 44 NECO_MODEL_QUESTIONS_VOL1 • 2025 • CIVIC_EDUCATION • objective

A town has 10,000 households. The average monthly income per household is \(\text{₦}150{,}000\). Under the tax code, each household must pay 2% of its monthly income as tax. Additionally, every household is required to volunteer 4 hours per month for community service, and each volunteer hour is valued at \(\text{₦}5{,}000\) in community benefit. Compute the total monetary value of the combined contributions (taxes plus volunteer benefit) from all households for one month, and express the result in millions of naira.

Answer Options

A. ₦210 million
B. ₦200 million
C. ₦240 million
Correct Answer D. ₦230 million
Correct Answer
D
Correct Option:
₦230 million

About This Question

This is Neco Model Questions Vol1 2025 Civic Education Question 44. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Medium .

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