Waec Model Questions Vol1 2021 Commerce Question 28
Practice objective / multiple choice question 28 from the 2021 Waec Model Questions Vol1 Commerce examination.
A transport firm operates a truck that incurs a fixed monthly cost of ₦150,000 and a variable cost of ₦250 per kilometre travelled. The firm charges customers ₦500 per kilometre. A potential client wants the truck to cover 2,000 km in a month and offers a 10% discount on the total fare if the firm can guarantee delivery within 5 days. The truck can travel a maximum of 500 km per day. Should the firm accept the contract? State the profit or loss if the contract is accepted with the discount.
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About This Question
This is Waec Model Questions Vol1 2021 Commerce Question 28. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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