Waec Model Questions Vol1 2021 Civic Education Question 32

Practice objective / multiple choice question 32 from the 2021 Waec Model Questions Vol1 Civic Education examination.

Waec Model Questions Vol1 2021 Civic Education Objective / Multiple Choice Hard Difficulty
Question 32 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • CIVIC_EDUCATION • objective

An official considers accepting a bribe. He must pay 10% tax on any illicit income, and if caught he will be fined three times the bribe amount. The probability of being caught is 12%. He will accept the bribe only if his expected net benefit is at least ₦200,000. What is the smallest whole‑naira bribe amount he will accept?

Answer Options

A. ₦365,000
B. ₦350,000
C. ₦400,000
Correct Answer D. ₦370,371
Correct Answer
D
Correct Option:
₦370,371

About This Question

This is Waec Model Questions Vol1 2021 Civic Education Question 32. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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