WAEC Agricultural Science 2025 Objective — Question 49
Question 49 of 50 from the West African Examinations Council (WAEC) Agricultural Science 2025 Objective paper, with the correct answer and a full explanation.
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The farmer earned N500,000.00 from the sale of the rest of the trays of eggs after incurring a marketing cost of N30,000.00. The farmer's net profit is
- A. N120,000.00Correct
- B. N123,800.00
- C. N150,000.00
- D. N153,800.00
Explanation
Total cost = production cost + marketing cost = N350,000 + N30,000 = N380,000. Net profit = Revenue - total cost = N500,000 - N380,000 = N120,000.
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