Gce Model Questions Vol1 2023 Commerce Question 33

Practice objective / multiple choice question 33 from the 2023 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 33 GCE_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A courier company charges a flat rate of \(1{,}200\) naira per parcel delivered within the city. The variable cost per parcel (fuel, packaging) is \(480\) naira, and the fixed monthly cost is \(150{,}000\) naira. After a fuel price increase, the variable cost per parcel rises by \(25\%\). If the company keeps the flat rate unchanged and wants to achieve the same total monthly profit as before, how many parcels must it deliver per month after the fuel price rise? (Assume the company originally delivered \(500\) parcels per month; give the required number of parcels rounded up to the nearest whole parcel.)

Answer Options

Correct Answer A. 600
B. 550
C. 650
D. 700
Correct Answer
A
Correct Option:
600

About This Question

This is Gce Model Questions Vol1 2023 Commerce Question 33. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support