Gce Model Questions Vol1 2018 Commerce Question 24
Practice objective / multiple choice question 24 from the 2018 Gce Model Questions Vol1 Commerce examination.
A transport company charges a freight rate of \(50\) naira per ton‑kilometre. Its fixed cost per trip is \(50{,}000\) naira and the variable cost is \(30\) naira per ton‑kilometre. The company transports a load of \(20\) tons. What is the minimum distance in kilometres the company must travel to achieve a profit of at least \(40{,}000\) naira on the trip? Give your answer as the smallest whole number of kilometres.
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About This Question
This is Gce Model Questions Vol1 2018 Commerce Question 24. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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