A boy buys a biscuit for N4 and sells it at a profit of 20%.

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A boy buys a biscuit for N4 and sells it at a profit of 20%. Find the actual price and the selling price?

  • A. i =N1.00k, ii = N5.00k
  • B. i = 60k, ii = N4.40k
  • C. i = 80k, ii = N4.80k
  • D. i = 50k, ii = N4.50k

Correct Answer: C. i = 80k, ii = N4.80k

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