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JAMB 2014 · UTME · Q3

A woman bought a grinder for ₦60,000. She sold it at a loss of 15%15\%. How much did she sell it for?

Worked solution (try it first)
  1. A 15%15\% loss means she sold for 100%−15%=85%100\% - 15\% = 85\% of the cost.
  2. 85%85\% of ₦60,000 is 0.85×60 000=51 0000.85 \times 60\,000 = 51\,000.
  3. So she sold it for ₦51,000, option D.

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