Waec Model Questions Vol1 2024 Geography Question 33
Practice objective / multiple choice question 33 from the 2024 Waec Model Questions Vol1 Geography examination.
A factory manufactures steel rods. The monthly fixed cost is ₦500,000 and depreciation is ₦150,000. The base variable cost is ₦2,500 per rod. If production exceeds 2,000 rods, the variable cost per rod is reduced by 10 % for each additional full 500 rods produced, up to a maximum reduction of 30 %. The selling price per rod is ₦6,000. In a month the factory earned a profit of ₦9,100,000 after covering all costs. How many rods were produced that month?
Answer Options
About This Question
This is Waec Model Questions Vol1 2024 Geography Question 33. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Geography examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.