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JAMB Mathematics 2012 Question 5

Question 5

Commercial Arithmetic

A man earns N3 500 per month out of which he spends 15% on his children's education. If he spends additional N1 950 on food, how much does he have left?

  1. A.N525
  2. B.N1 025
  3. C.N1 950
  4. D.N2 975
Show the answer and explanation

Answer: B (N1 025)

Explanation

Education costs 15% of 3500 = N525. With N1,950 on food he spends N2,475, leaving 3500 − 2475 = N1,025.