NECO Agricultural Science 2025 Objective — Question 49

Question 49 of 50 from the National Examinations Council (NECO) Agricultural Science 2025 Objective paper, with the correct answer and a full explanation.

The farmer's net profit is

A. #120,000.00Correct
B. #123,800.00
C. #150,000.00
D. #153,800.00

Explanation

Net profit = Revenue - (Production cost + Marketing cost) = #500,000 - (#350,000 + #30,000) = #500,000 - #380,000 = #120,000.00.

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