Waec Model Questions Vol1 2019 Agricultural Science Question 41
Practice objective / multiple choice question 41 from the 2019 Waec Model Questions Vol1 Agricultural Science examination.
A farmer sells maize at the market price of ₦150 per kg. Fixed costs for the season are ₦30,000 and variable cost is ₦80 per kg. A processor offers a 10% discount on the market price if the farmer supplies at least Q kilograms. A sales tax of 5% is applied on the revenue. The farmer wants a net profit of at least ₦20,000 after tax. What is the minimum quantity Q (in kg) the farmer must supply to meet the profit target?
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About This Question
This is Waec Model Questions Vol1 2019 Agricultural Science Question 41. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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