Neco Model Questions Vol1 2025 Agricultural Science Question 28
Practice objective / multiple choice question 28 from the 2025 Neco Model Questions Vol1 Agricultural Science examination.
An extension officer plans a 3‑year training programme. The fixed cost of the programme is \(\text{₦}150{,}000\) and the variable cost is \(\text{₦}2{,}000\) per farmer attending. Each trained farmer is expected to increase his annual farm profit by \(\text{₦}12{,}000\). The officer receives a 10 % commission on the profit increase of each farmer each year. What is the minimum number of farmers that must attend the programme for the officer to recover all costs by the end of the third year?
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About This Question
This is Neco Model Questions Vol1 2025 Agricultural Science Question 28. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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