By selling an article for N40, there is a loss of 40%, by selling it

MATHEMATICS
POST UTME UNILORIN

By selling an article for N40, there is a loss of 40%, by selling it for N80, there would be

  • (a) Gain of 20%
  • (b) Loss of 10%
  • (c) Loss of 20%
  • (d) Gain of 10%

Correct Answer: (a) Gain of 20%

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