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A trader made a loss of 15% when an article was sold. Find the ratio...

Mathematics
WAEC 2022

A trader made a loss of 15% when an article was sold. Find the ratio of the selling price  : cost price

  • A. 3:20
  • B. 3:17
  • C. 17:20
  • D. 20:23
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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Correct Answer: Option C
Explanation

Where the loss= (100-15)%

= 85%

Ratio = 85:100 or 17:20

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
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
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709