Neco 2025 Agricultural Science Question 37
Practice objective / multiple choice question 37 from the 2025 Neco Agricultural Science examination.
A farmer intends to cultivate maize and soybeans on \(5\) ha each. Expected yields are \(4\) t/ha for maize and \(2.5\) t/ha for soybeans. Market prices are \(\text{₦}150\) per kg for maize and \(\text{₦}200\) per kg for soybeans. Variable costs are \(\text{₦}120{,}000\) per ha for maize and \(\text{₦}150{,}000\) per ha for soybeans. Fixed overheads amount to \(\text{₦}3{,}750{,}000\). If the farmer must offer a \(10\%\) discount on a proportion \(p\) of the total harvest to stay break‑even, what is the minimum value of \(p\) (expressed as a percentage)?
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About This Question
This is Neco 2025 Agricultural Science Question 37. It is one of the objective questions from the 2025 Neco Agricultural Science examination.
Difficulty level: Medium .
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