JAMB - Mathematics (2003 - No. 5)

A woman buys 270 oranges for N1800.00 and sells at 5 for N40.00. What is her profit?
N2,160.00
N1, 620.00
N630.00
N360.00

Explanation

C.P = N1800
S.P = (270/5) x 40 = N2160.00
Profit = S.P - C.P = N2160 - N1800 = N360.00

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