Neco 2021 Commerce Question 22
Practice objective / multiple choice question 22 from the 2021 Neco Commerce examination.
A trader needs to transport 20 tons of rice from Lagos to Kano (distance 900 km). He can use either (a) road transport costing ₦0.45 per ton‑km plus a fixed loading fee of ₦1,200, or (b) rail transport costing ₦0.30 per ton‑km, a transshipment fee of ₦2,500 and a 10\% surcharge on the variable cost when the load exceeds 15 tons. Which mode gives the lower total cost and by how much?
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About This Question
This is Neco 2021 Commerce Question 22. It is one of the objective questions from the 2021 Neco Commerce examination.
Difficulty level: Medium .
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