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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