passpadi

2009

Mathematics

JAMB

A man bought a second-hand photocopying machine for N34,000. He serviced it at a cost of N2,000 and then sold it at a profit of 15%. What was the selling price?

A.

N37,550

B.

N40,400

C.

N41,400

D.

N42,400

Correct Answer: N41,400

Explanation

C.P = N34000 + N2000 = N36000 Gain = 100 + 15 = 115% S.P = 115/100×N3600/1 = N41400

C.P = N34000 + N2000 = N36000 Gain = 100 + 15 = 115% S.P = 115/100×N3600/1 = N41400
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