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WAEC - Mathematics (1994 - No. 10)

A house bought for N100,000 was later auctioned for N80,000. Find the loss percent.
20%
30%
40%
50%
60%

Forklaring

Loss = N(100,000 - 80,000)

= N20,000.

Loss percentage = \(\frac{20,000}{100,000} \times 100%\)

= 20%

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