Waec Model Questions Vol1 2024 Agricultural Science Question 49

Practice objective / multiple choice question 49 from the 2024 Waec Model Questions Vol1 Agricultural Science examination.

Waec Model Questions Vol1 2024 Agricultural Science Objective / Multiple Choice Medium Difficulty
Question 49 WAEC_MODEL_QUESTIONS_VOL1 • 2024 • AGRICULTURAL_SCIENCE • objective

A farmer intends to cultivate 5 ha of maize. Variable cost is N 120 000 per hectare; fixed overheads for the season are N 250 000. Expected yield is 4.5 t ha⁻¹. The farmer will sell the maize to a commission agent who deducts a 5 % commission on the gross revenue and also charges a transport fee of N 15 000 per tonne. What is the minimum farm‑gate price per kilogram (before commission) that the farmer must obtain to realise a net profit of N 200 000 for the season?

Answer Options

A. 71.2 N/kg (approx)
B. 58.3 N/kg (approx)
Correct Answer C. 64.9 N/kg (approx)
D. 62.0 N/kg (approx)
Correct Answer
C
Correct Option:
64.9 N/kg (approx)

About This Question

This is Waec Model Questions Vol1 2024 Agricultural Science Question 49. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Agricultural Science examination.

Difficulty level: Medium .

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