Waec Model Questions Vol1 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2021 Commerce Objective / Multiple Choice Medium Difficulty
Question 4 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A home baker sells chocolate cakes for ₦2,500 each and vanilla cakes for ₦2,000 each. The variable cost per chocolate cake is ₦1,200 and per vanilla cake is ₦1,000. Fixed monthly costs are ₦150,000. The baker wants a profit of at least ₦50,000 each month. Because of oven capacity, the total number of cakes baked cannot exceed 200, and at least 30% of the cakes must be chocolate. What is the minimum number of chocolate cakes the baker must sell to meet the profit target?

Answer Options

A. 45
B. 55
Correct Answer C. 60
D. 70
Correct Answer
C
Correct Option:
60

About This Question

This is Waec Model Questions Vol1 2021 Commerce Question 4. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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