Gce Model Questions Vol1 2017 Commerce Question 6
Practice objective / multiple choice question 6 from the 2017 Gce Model Questions Vol1 Commerce examination.
A logistics firm has two truck types. Type A uses 0.35 L of fuel per kilometre and Type B uses 0.28 L per kilometre. Fuel costs \(\text{₦}165\) per litre and the non‑fuel operating cost is \(\text{₦}45\) per kilometre for either type. For a job of 800 km the firm wants a profit of 18 % on total cost. Determine the maximum price the client can offer if the firm uses Type A, and state which truck type yields the higher profit per kilometre.
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About This Question
This is Gce Model Questions Vol1 2017 Commerce Question 6. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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