Neco Model Questions Vol1 2024 Commerce Question 48

Practice objective / multiple choice question 48 from the 2024 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2024 Commerce Objective / Multiple Choice Hard Difficulty
Question 48 NECO_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A warehouse can store a maximum of 500 cubic metres. Product A occupies 2.5 m³ per pallet and yields a profit of \(\text{₦}8,000\) per pallet. Product B occupies 1.8 m³ per pallet and yields a profit of \(\text{₦}6,500\) per pallet. The total weight that can be handled is limited to 12,000 kg, where each pallet of A weighs 30 kg and each pallet of B weighs 25 kg. In addition, at least 30 % of the total number of pallets stored must be of product A. Determine the number of pallets of each product that maximises the total profit, assuming only whole pallets can be stored.

Answer Options

A. 78 pallets of A and 170 pallets of B (maximum profit ₦1,730,000)
B. 80 pallets of A and 168 pallets of B (maximum profit ₦1,740,000)
Correct Answer C. 76 pallets of A and 172 pallets of B (maximum profit ₦1,726,000)
D. 74 pallets of A and 174 pallets of B (maximum profit ₦1,718,000)
Correct Answer
C
Correct Option:
76 pallets of A and 172 pallets of B (maximum profit ₦1,726,000)

About This Question

This is Neco Model Questions Vol1 2024 Commerce Question 48. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Hard .

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