Waec Model Questions Vol1 2022 Commerce Question 20

Practice objective / multiple choice question 20 from the 2022 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2022 Commerce Objective / Multiple Choice Medium Difficulty
Question 20 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • objective

A courier service charges a base fee of ₦10,000 per trip, a distance charge of ₦100 per kilometre, and a driver wage of ₦2,000 per hour. The driver may travel at any constant speed between 40 km/h and 80 km/h. Fuel consumption per kilometre increases linearly with speed: at 40 km/h the truck uses 0.2 litre per kilometre, and for each additional km/h the consumption rises by 0.005 litre per kilometre. Fuel costs ₦150 per litre. For a delivery distance of 240 km, what speed should be chosen to minimise the total cost and what is that minimum cost (rounded to the nearest naira)?

Answer Options

A. Speed = 55 km/h; Minimum cost = ₦28,300
B. Speed = 45 km/h; Minimum cost = ₦28,900
C. Speed = 60 km/h; Minimum cost = ₦29,200
Correct Answer D. Speed = 50 km/h; Minimum cost = ₦28,600
Correct Answer
D
Correct Option:
Speed = 50 km/h; Minimum cost = ₦28,600

About This Question

This is Waec Model Questions Vol1 2022 Commerce Question 20. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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