A car dealer bought a second-hand car for N250,000 and sp...
A car dealer bought a second-hand car for N250,000 and spent N70,000 refurbishing it. He then sold the car for N400,000. What is the percentage gain?
60%
32%
25%
20%
Correct answer is C
Total cost = N(250,000 + 70,000) = N320,000
Selling price = N400,000 (given)
Gain = SP - CP = N(400,000 - 320,000) = N80,000
Gain % = gain/CP x 100 = (80,000/320,000) x 100
Gain % = 25%
Find the equation of the locus of a point A(x, y) which is equidistant from B(0, 2) and C(2, 1) ...
Evaluate (1/2 - 1/4 + 1/8 - 1/16 + ...) - 1 ...
Solve \(\frac{1}{3}\)(5 - 3x) < \(\frac{2}{5}\)(3 - 7x)...
Make p the subject of the relation: q = \(\frac{3p}{r} + \frac{s}{2}\)...
Simplify \(\frac{\sqrt{12} - \sqrt{3}}{\sqrt{12} + \sqrt{3}}\)...
The 6th term of a G.P is \(\frac{-2}{27}\) and its first term is 18. What is the common ratio?...
Find the value of x and y respectively if 3x - 5y + 5 = 0 and 4x - 7y + 8 = 0 ...