A man bought 220 mangoes at N5x. He sold each for 3x kobo and made a gain of N8. Find the value of x
-
A.
2 -
B.
5 -
C.
6 -
D.
10
Correct Answer: Option B
Explanation
The cost price of the whole mangoes = N5x
The sold amount of the mangoes = 3x * 220 = N6.60x
The gain made on mangoes = N6.60x – N5x = N8.00 => N1.60x = N8 => (x=frac{8}{1.60}=frac{1}{0.2}=frac{10}{2}=5)