Neco 2019 Agricultural Science Question 47
Practice objective / multiple choice question 47 from the 2019 Neco Agricultural Science examination.
A farmer sells milk at N150 per litre. Fixed costs are N30,000 per month and the variable cost is N40 per litre produced. To attract customers, the farmer offers a 10\% discount on the selling price for the first 500 litres each month. What is the minimum total quantity of milk (in litres) that must be sold in a month for the farmer to earn a profit of at least N10,000?
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About This Question
This is Neco 2019 Agricultural Science Question 47. It is one of the objective questions from the 2019 Neco Agricultural Science examination.
Difficulty level: Medium .
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