Neco 2025 Geography Question 22
Practice objective / multiple choice question 22 from the 2025 Neco Geography examination.
A farmer intends to cultivate maize on \(12\) hectares. The expected yield is \(3.5\) tonnes per hectare. Production cost is \(45{,}000\) naira per hectare. The market price is \(120{,}000\) naira per tonne. The government offers a subsidy of \(15\%\) on the market price for the first \(30\) tonnes sold and an additional \(5\%\) on any quantity above \(30\) tonnes. Any unsold produce can be sold to a processor at \(95{,}000\) naira per tonne. Assuming the farmer sells the produce to maximise profit, determine the farmer's total profit (in naira).
Answer Options
About This Question
This is Neco 2025 Geography Question 22. It is one of the objective questions from the 2025 Neco Geography examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.