Waec Model Questions Vol1 2025 Commerce Question 5
Practice objective / multiple choice question 5 from the 2025 Waec Model Questions Vol1 Commerce examination.
A transport company runs a bus service. Fixed operating cost per day is ₦18,000 and the variable cost per passenger is ₦120. The regular ticket price is ₦250 per passenger, but for any group of five or more passengers travelling together the company gives a 10% discount on each ticket for that group. On a particular day the bus carried 48 passengers, consisting of six groups of five passengers each and the remaining passengers travelling individually. What total profit (or loss) did the company make that day?
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About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 5. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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