2007
Mathematics
67ca00ce0c643c71d77dee1f
A man made a profit of 5% when he sold an article for N60,000.00. How much would he have sell the article to make a profit of 26%
A.
N68,000
B.
N72,000
C.
N65,000
D.
N70,000
Correct Answer: N72,000
Explanation
5% profit = 100 + 5 = 105% 26% profit = 100 + 26 = 126% ∴ 105% → N60,000 1% → 60000/15 126% = 1000/105 x 126/1 =N72,000
5% profit = 100 + 5 = 105% 26% profit = 100 + 26 = 126% ∴ 105% → N60,000 1% → 60000/15 126% = 1000/105 x 126/1 =N72,000THIS WEEK's
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