Gce Model Questions Vol1 2022 Commerce Question 16
Practice objective / multiple choice question 16 from the 2022 Gce Model Questions Vol1 Commerce examination.
A home‑based baker buys flour at \(\text{₦}500\) per kilogram. Each loaf requires \(0.25\) kg of flour. She also incurs a packaging cost of \(\text{₦}30\) per loaf and a fixed overhead of \(\text{₦}2\,000\) for each batch she bakes. She bakes batches of \(40\) loaves. The marked price of a loaf is \(\text{₦}350\). She offers a \(10\%\) cash discount on the total order if the customer buys \(50\) loaves or more; otherwise no discount is given. She wants to earn a profit of at least \(\text{₦}5\,000\) in a month. Assuming all loaves produced are sold, what is the minimum number of batches she must bake and sell to meet her profit target?
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About This Question
This is Gce Model Questions Vol1 2022 Commerce Question 16. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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