Neco 2018 Computer Studies Question 26
Practice objective / multiple choice question 26 from the 2018 Neco Computer Studies examination.
A company recorded monthly sales (in thousands of naira) for Jan to Jun as follows: Jan 120, Feb 150, Mar 130, Apr 160, May 140, Jun 110. Due to inflation each month must be adjusted by multiplying by (1+r) where r is 0.02 for Jan, 0.025 for Feb, 0.018 for Mar, 0.022 for Apr, 0.019 for May and 0.021 for Jun. After adjustment, which is the first month in which the cumulative adjusted sales exceed 50% of the total adjusted sales for the six months?
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About This Question
This is Neco 2018 Computer Studies Question 26. It is one of the objective questions from the 2018 Neco Computer Studies examination.
Difficulty level: Medium .
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