Neco 2022 Commerce Question 6
Practice objective / multiple choice question 6 from the 2022 Neco Commerce examination.
A firm subscribes to two telephone service plans. Plan X charges a monthly subscription of \(\text{₦}12{,}000\) and \(\text{₦}150\) per minute for the first 200 minutes, then \(\text{₦}100\) per additional minute. Plan Y charges a monthly subscription of \(\text{₦}15{,}000\) and a uniform rate of \(\text{₦}120\) per minute for all minutes. Determine the smallest whole number of minutes greater than 200 for which Plan X costs less than Plan Y. Then state the total monthly cost under Plan X for that number of minutes.
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About This Question
This is Neco 2022 Commerce Question 6. It is one of the objective questions from the 2022 Neco Commerce examination.
Difficulty level: Hard .
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