Neco 2019 Agricultural Science Question 49
Practice objective / multiple choice question 49 from the 2019 Neco Agricultural Science examination.
A farmer purchases a tractor for N800,000. The tractor is depreciated straight‑line over 8 years to a residual value of N100,000, and incurs an annual maintenance cost of N30,000. The farmer charges N150 per hectare for ploughing services and can plough up to 1,200 ha per year. To cover the annualized cost (depreciation plus maintenance) and earn a profit of at least N20,000 per year, what is the minimum number of hectares that must be ploughed annually?
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About This Question
This is Neco 2019 Agricultural Science Question 49. It is one of the objective questions from the 2019 Neco Agricultural Science examination.
Difficulty level: Medium .
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