Waec Model Questions Vol1 2022 Agricultural Science Question 25
Practice objective / multiple choice question 25 from the 2022 Waec Model Questions Vol1 Agricultural Science examination.
A farmer intends to cultivate 5 ha of maize. Fixed costs (land rent, machinery depreciation) total ₦120,000. Variable cost per hectare (seed, fertilizer, labour) is ₦45,000. Expected yield is 3.5 tonnes per hectare. The farmer desires a profit equal to 20% of the total cost (fixed + variable). What is the minimum selling price per kilogram of maize required to achieve this profit?
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About This Question
This is Waec Model Questions Vol1 2022 Agricultural Science Question 25. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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