Options:
A.
B.
C.
D.
E.
Sign in to view the correct answer and detailed explanation.
Ulearngo is an independent study app. It is not affiliated with, endorsed by, or representing Joint Admissions and Matriculation Board (JAMB). Always confirm official exam, admission, registration, syllabus, timetable, and result information from JAMB official website.
Options:
1 older comment kept for context.
Oluwaseun Adeyemi
Let the selling price(SP from P to Q be represented by x
i.e. SP = x
When SP = x at 10% profit
CP = \(\frac{100}{100}\) + 10 of x = \(\frac{100}{110}\) of x
when Q sells to R, SP = ₦209 at loss of 5%
Q's cost price = Q's selling price
CP = \(\frac{100}{95}\) x 209
= 220.00
x = 220
= \(\frac{2200}{11}\)
= 200
= ₦200.00