Neco Model Questions Vol1 2019 Commerce Question 10
Practice objective / multiple choice question 10 from the 2019 Neco Model Questions Vol1 Commerce examination.
A wholesaler must transport 12,000 kg of goods from Lagos to Kano, a distance of 950 km. Two transport companies quote the following rates:\n\n- Company A: a fixed hire charge of ₦150,000 plus ₦12 per kilometre for the whole load. If the distance exceeds 800 km, Company A gives a \(5\%\) discount on the variable kilometre charge.\n- Company B: no fixed charge, but a rate of ₦0.20 per kilogram per kilometre.\n\nWhich company offers the lower total cost for this shipment?
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About This Question
This is Neco Model Questions Vol1 2019 Commerce Question 10. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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