Gce Model Questions Vol1 2017 Agricultural Science Question 31

Practice objective / multiple choice question 31 from the 2017 Gce Model Questions Vol1 Agricultural Science examination.

Gce Model Questions Vol1 2017 Agricultural Science Objective / Multiple Choice Medium Difficulty
Question 31 GCE_MODEL_QUESTIONS_VOL1 • 2017 • AGRICULTURAL_SCIENCE • objective

A farmer plans a broiler batch. Fixed costs (housing, equipment) are \(150{,}000\) ₦ per batch. The selling price per bird is \(2{,}500\) ₦. The variable cost for the batch is known to be \(40\%\) of the total revenue. To obtain a profit of \(200{,}000\) ₦ per batch, how many birds must be reared (round up to the nearest whole bird)?

Answer Options

A. 250
Correct Answer B. 234
C. 220
D. 240
Correct Answer
B
Correct Option:
234

About This Question

This is Gce Model Questions Vol1 2017 Agricultural Science Question 31. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Agricultural Science examination.

Difficulty level: Medium .

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