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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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