Neco 2023 Commerce Question 41
Practice objective / multiple choice question 41 from the 2023 Neco Commerce examination.
A trucking firm has a fixed cost of ₦50,000 per trip and a variable cost of ₦150 per kilometre. It charges customers ₦250 per kilometre for the first 200 km and ₦220 per kilometre for each kilometre beyond 200 km. For trips longer than 400 km it offers a \(5\%\) discount on the total charge. What is the minimum whole number of kilometres the firm must travel on a trip to achieve a profit of at least ₦30,000?
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About This Question
This is Neco 2023 Commerce Question 41. It is one of the objective questions from the 2023 Neco Commerce examination.
Difficulty level: Medium .
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