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JAMB - Mathematics (1981 - No. 16)

By selling an article for N45.00 a man makes a profit of 8%. For how much should he have sold it in order to make a profit of 32%?
N180.00
N59.00
N63.00
N58.00
N55.00

설명

When C.P = N45.00 at 8% profit

C.P = \(\frac{100}{108}\) x 45

at profit of 32%, S.P = \(\frac{132}{100}\) x c.p

= \(\frac{132}{100}\) x \(\frac{100 \times 45}{108}\)

= \(\frac{5940}{108}\)

= N55.00

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