MATHEMATICS

JAMB 2021 - Question 2

Mathematics 2021 JAMB Past Questions - Question 2: A woman bought a grinder for N60,000. She sold it at a loss of 15%. How much did she sell it?

A woman bought a grinder for N60,000. She sold it at a loss of 15%. How much did she sell it?
A:
B:
C:
D:
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Correct Answer

D

Explanation

To find out how much the woman sold the grinder for, we need to calculate the loss amount and subtract it from the original price.The loss percentage is 15%, which means she sold it for 100% - 15% = 85% of the original price.To calculate the selling price, we can multiply the original price by the percentage:Selling price = Original price * (1 - Loss percentage)Selling price = ₦60,000 * (1 - 0.15)Selling price = ₦60,000 * 0.85Selling price = ₦51,000Therefore, the woman sold the grinder for ₦51,000.