Home » Ladi sold a car for N84,000 at a loss of 4%. How much did ladi…

Ladi sold a car for N84,000 at a loss of 4%. How much did ladi…

Ladi sold a car for N84,000 at a loss of 4%. How much did ladi buy the car
  • A.
    80,500
  • B.
    80,640
  • C.
    87,360
  • D.
    87,500
Correct Answer: Option D
Explanation

The car was sold at 96% — N84,000.00
The price of the car is 100% — ?
(frac{100}{96} times frac{84,000}{1}; 25 times 10,500 = 87,500 )