Jambmaths question:
A woman bought a grinder for N60000. She sold it at a loss of 15%. How much did she sell it?
Option A:
N 52,000
Option B:
N51,000
Option C:
N50,000
Option D:
N53,000
Jamb Maths Solution:
$\begin{align} & percentage\text{ }loss=\frac{loss}{cost\text{ }price}\times 100percent \\ & 0.15=\frac{loss}{60000} \\ & loss=0.15\times 60000=9000 \\ & \text{The selling price}=N60,000-9,000 \\ & \text{The selling price}=N51,000 \\\end{align}$
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