Waec Model Questions Vol1 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2020 Commerce Objective / Multiple Choice Medium Difficulty
Question 38 WAEC_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

A partnership incurs fixed costs of ₦30,000 per month. The product they sell costs ₦300 to produce and is sold for ₦500. The profit after covering fixed costs is shared between partners A and B in the ratio 3:2. How many units must be sold in a month for each partner to earn at least ₦10,000?

Answer Options

A. 250 units
B. 300 units
C. 225 units
Correct Answer D. 275 units
Correct Answer
D
Correct Option:
275 units

About This Question

This is Waec Model Questions Vol1 2020 Commerce Question 38. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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