Waec Model Questions Vol1 2023 Civic Education Question 45
Practice objective / multiple choice question 45 from the 2023 Waec Model Questions Vol1 Civic Education examination.
In a province, 40 public procurement contracts are awarded each year, each with an average value of ₦5 million. Investigations reveal that 12 % of the contracts are awarded after bribery. The province's total annual revenue is ₦200 million. Estimate the monetary loss due to corrupt contracts and express it as a percentage of the province's annual revenue, rounded to one decimal place.
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About This Question
This is Waec Model Questions Vol1 2023 Civic Education Question 45. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Civic Education examination.
Difficulty level: Hard .
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