If the contribution of the oil sector is N3.6 million, what is the contribution of the other sectors?

  • A N10.8 million
  • B N7.2 million
  • C N3.6 million
  • D N2.4 million
jamb 2009economics

The correct answer is B. N7.2 million

Let the total contribution be x

3,600,000 = \(\frac{120}{360} \times X\)

3,600,000 = \(\frac{1}{3} x\)

x = 3 x 3,600,000 = 10,800,000

contribution of other sectors = 10,800,000 - 3,600,000 = 7,200,000

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