Gce Model Questions Vol1 2023 Commerce Question 19

Practice objective / multiple choice question 19 from the 2023 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 19 GCE_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A logistics company operates trucks with a fixed daily cost of \(\text{₦}50,000\) and a variable cost of \(\text{₦}30\) per kilometre. Each truck can carry a maximum of \(20\) tonnes. The company must transport \(150\) tonnes over a distance of \(400\) km. Assuming the company makes the minimum number of trips needed and all trips are completed in one day, what is the minimum freight charge per tonne per kilometre that will allow the company to break even? Give your answer in \(\text{₦}\) per tonne‑km, rounded to two decimal places.

Answer Options

A. ₦1.60 per tonne‑km
Correct Answer B. ₦2.43 per tonne‑km
C. ₦2.45 per tonne‑km
D. ₦2.23 per tonne‑km
Correct Answer
B
Correct Option:
₦2.43 per tonne‑km

About This Question

This is Gce Model Questions Vol1 2023 Commerce Question 19. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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