Gce Model Questions Vol1 2018 Commerce Question 1

Practice objective / multiple choice question 1 from the 2018 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2018 Commerce Objective / Multiple Choice Medium Difficulty
Question 1 GCE_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

An logistics company transports goods from City A to City B (180 km) and then to City C (260 km). For each consignment there is a fixed loading cost of £120. The variable cost per kilometre is £0.45 for the first 200 km of the whole journey and £0.30 for each kilometre thereafter (fuel discount). The client will receive a 10 % discount on the quoted flat rate if the total distance exceeds 400 km. What is the minimum flat rate (in pounds) that the company should quote before any discount so that, after the possible discount, the revenue covers the total cost? Give your answer to two decimal places.

Answer Options

Correct Answer A. £313.34
B. £300.00
C. £320.50
D. £295.75
Correct Answer
A
Correct Option:
£313.34

About This Question

This is Gce Model Questions Vol1 2018 Commerce Question 1. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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