A trader bought 100 oranges at 5 for N1.20, 20 oranges got spoilt and the

MATHEMATICS
JAMB 1999

A trader bought 100 oranges at 5 for N1.20, 20 oranges got spoilt and the remaining were sold at 4 for N1.50. Find the percentage gain or loss.

  • A. 30% gain
  • B. 25% gain
  • C. 30% loss
  • D. 25% loss

Correct Answer: B. 25% gain



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