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A trader bought goats for N4000 each. He sold them for N180,000 at a loss...

Mathematics
JAMB 2002
A trader bought goats for N4000 each. He sold them for N180,000 at a loss of 25%. How many goats did he buy?
  • A. 60
  • B. 50
  • C. 45
  • D. 36
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Correct Answer: Option A
Explanation
Let the number of goats be X
C.P of X goats = N4000X
S.P of X goats = (75/100) x 4000X = N3000X

3000X = 180,000

=> X = 180000/3000 = 60.
X = 60 goats
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free