Options:
A.
B.
C.
D.
Sign in to view the correct answer and detailed explanation.
Study with fewer interruptions on Android
Use Ulearngo on a verified device for smoother past-question study.
Ulearngo is an independent study app. It is not affiliated with, endorsed by, or representing University of Lagos (UNILAG). Always confirm official exam, admission, registration, syllabus, timetable, and result information from UNILAG official website, UNILAG admissions.
Earlier discussion
3 older comments kept for context.
Oluwaseun Adeyemi
S.P = ₦3600
%profit = \(\cfrac{\text{S.P} - \text{C.P}}{\text{C.P}} \times 100\)
\(20 = \cfrac{(3600 - \text{C.P}) \cdot 100}{\text{C.P}}\)
\(20\text{C.P} = 360000 - 100\text{C.P}\)
\(20\text{C.P} + 100\text{C.P} = 360000\)
\(120\text{C.P} = 360000\)
\(\text{C.P} = \cfrac{360000}{120}\)
\(\text{C.P} = 3000\)
\(\therefore\) Cost Price = ₦3,000
Anthonette Ome Akpotu
the answer is 2880
Sunday Innocent
Pls how do you arrive at d ansa 🤔