Neco Model Questions Vol1 2017 Commerce Question 5
Practice objective / multiple choice question 5 from the 2017 Neco Model Questions Vol1 Commerce examination.
A transport company operates a truck that can carry up to 20 tonnes. The fixed operating cost per trip (driver salary, permits, etc.) is \(\text{₦}30{,}000\). Fuel consumption is 0.4 litre per kilometre when the truck is empty and increases by 0.02 litre per kilometre for each tonne of load carried. Fuel costs \(\text{₦}165\) per litre. The truck travels 250 km per trip. The company earns revenue of \(\text{₦}5{,}000\) per tonne carried. To achieve a profit of at least \(\text{₦}20{,}000\) per trip, what is the minimum load (in tonnes) that must be carried?
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About This Question
This is Neco Model Questions Vol1 2017 Commerce Question 5. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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