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Profit and loss percent - Jamb Mathematics Past Questions and Answers

Jamb Mathematics Past Questions

Jamb Past Questions and Answers on Profit and loss percent

Question 31:

JAMB 2015

A public car dealer marked up the cost of a car at 30% in an attempt to make 20% gross profit. Due to the value of dollar, he now placed 20% discount on the car. What profit or loss will he make?

A. 3%
B. 2%
C. 4%
D. 1%

View Answer & Explanation

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