Waec Model Questions Vol1 2019 Agricultural Science Question 5

Practice objective / multiple choice question 5 from the 2019 Waec Model Questions Vol1 Agricultural Science examination.

Waec Model Questions Vol1 2019 Agricultural Science Objective / Multiple Choice Hard Difficulty
Question 5 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • AGRICULTURAL_SCIENCE • objective

A farmer plans to sell 500 kg of tomatoes. Fixed costs amount to ₦20,000, the variable cost is ₦30 per kilogram, and a marketing charge equal to 5% of total revenue is applied. If the farmer wants to earn a profit of ₦15,000, what minimum price per kilogram (in Naira, to two decimal places) must be charged?

Answer Options

A. 105.00
Correct Answer B. 105.26
C. 100.00
D. 115.00
Correct Answer
B
Correct Option:
105.26

About This Question

This is Waec Model Questions Vol1 2019 Agricultural Science Question 5. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Agricultural Science examination.

Difficulty level: Hard .

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