Neco Model Questions Vol1 2019 Agricultural Science Question 14
Practice objective / multiple choice question 14 from the 2019 Neco Model Questions Vol1 Agricultural Science examination.
A farmer intends to keep 200 laying hens. Each hen costs ₦5,000 to purchase. Feed costs ₦0.30 per bird per day. Eggs sell for ₦25 each and each bird lays an average of 5 eggs per week. Other variable costs amount to ₦1,500 per month, and fixed costs (housing, equipment) are ₦150,000 per year. Assuming the operation runs continuously, how many weeks are required to recover the initial investment (purchase cost of the birds plus the annual fixed costs)?
Answer Options
About This Question
This is Neco Model Questions Vol1 2019 Agricultural Science Question 14. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.