passpadi

2002

Mathematics

JAMB

A trader bought goats for N4000 each. He sold them for N180,000 at a loss of 25%. How many goats did he buy?

A.

60

B.

50

C.

45

D.

36

Correct Answer: 60

Explanation

Let the number of goats be X C.P of X goats = N4000X S.P of X goats = (75/100) x 4000X = N3000X 3000X = 180,000 => X = 180000/3000 = 60. X = 60 goats

Let the number of goats be X C.P of X goats = N4000X S.P of X goats = (75/100) x 4000X = N3000X 3000X = 180,000 => X = 180000/3000 = 60. X = 60 goats
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