A man bought a car newly for ₦1,250,000. He had a crash with the car

MATHEMATICS
JAMB 2019

A man bought a car newly for ₦1,250,000. He had a crash with the car and later sold it at the rate of ₦1,085,000. What is the percentage gain or loss of the man?

  • A. 43.7% loss
  • B. 13.2% gain
  • C. 13.2% loss
  • D. 43.7% gain

Correct Answer: C. 13.2% loss



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