Neco Model Questions Vol1 2023 Commerce Question 30
Practice objective / multiple choice question 30 from the 2023 Neco Model Questions Vol1 Commerce examination.
A transport firm incurs a fixed monthly cost of \(\text{₦}150{,}000\) and a variable cost of \(\text{₦}250\) per ton‑kilometre. It charges customers \(\text{₦}400\) per ton‑kilometre. What is the minimum number of ton‑kilometres the firm must operate in a month to achieve a profit of at least \(\text{₦}50{,}000\)? (Give the answer rounded up to the nearest whole ton‑kilometre.)
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About This Question
This is Neco Model Questions Vol1 2023 Commerce Question 30. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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