Neco 2020 Data Processing Question 8
Practice objective / multiple choice question 8 from the 2020 Neco Data Processing examination.
A small business keeps its accounts manually. The manual ledger costs \(N200\) per month for paper and \(N150\) per month for staff time, giving a total manual cost of \(N350\) per month. The business is considering switching to spreadsheet software that requires a one‑time purchase of \(N5000\) and a monthly subscription of \(N200\) for the first six months. After the first six months the subscription fee is reduced by 10\% (i.e., it becomes \(N180\) per month). After how many whole months will the total cost of using the software become cheaper than continuing with the manual ledger?
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About This Question
This is Neco 2020 Data Processing Question 8. It is one of the objective questions from the 2020 Neco Data Processing examination.
Difficulty level: Hard .
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