passwella.
Menu

UI Post-UTME Mathematics 2013 Question 13

Question 13

Commercial Arithmetic

An article was sold for ₦280 at a profit of 40%. For how much should it have been sold to make a profit of 50%

  1. A.₦290
  2. B.₦300
  3. C.₦320
  4. D.₦340
Show the answer and explanation

Answer: B (₦300)

Explanation

Cost = 280 ÷ 1.4 = ₦200, and 150% of 200 = ₦300.