Waec Model Questions Vol1 2017 Agricultural Science Question 17

Practice objective / multiple choice question 17 from the 2017 Waec Model Questions Vol1 Agricultural Science examination.

Waec Model Questions Vol1 2017 Agricultural Science Objective / Multiple Choice Medium Difficulty
Question 17 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • AGRICULTURAL_SCIENCE • objective

A farmer intends to cultivate 5 ha of maize. Fixed costs (land rent, machinery depreciation) total ₦150,000. Variable cost per hectare (seed, fertilizer, labour) is ₦45,000. Expected yield is 3.2 tonnes per hectare. The farmer desires a profit of ₦120,000. What minimum selling price per kilogram of maize must be obtained to achieve this profit?

Answer Options

A. 26.75
B. 28.50
Correct Answer C. 30.94
D. 33.10
Correct Answer
C
Correct Option:
30.94

About This Question

This is Waec Model Questions Vol1 2017 Agricultural Science Question 17. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Agricultural Science examination.

Difficulty level: Medium .

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