Question 48
Farm Management and RecordsA farmer's total cost of producing 500 trays of eggs was N350,000.00. Before sales, the farmer's family consumed 1% of the total output.
How many trays of eggs were sold by the farmer?
- A.400.
- B.490.
- C.495.
- D.500.
Show the answer and explanation
Answer: C (495.)
Explanation
1% of 500 = 5 trays eaten; 500 − 5 = 495 sold.