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A seller allows 20% discount for cash payment on the marked price of his goods....

Mathematics
WAEC 2006
A seller allows 20% discount for cash payment on the marked price of his goods. What is the ratio of the cash payment to the marked price
  • A. 1:4
  • B. 1:5
  • C. 3:4
  • D. 4:5
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Correct Answer: Option D
Explanation
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)

The ratio of the cash payment to the marked price = 4:5
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group