A woman bought a grinder for ₦60,000. She sold it at a loss of 15%. How much did she sell it?
Question 1 Report
A woman bought a grinder for ₦60,000. She sold it at a loss of 15%. How much did she sell it?
Answer Details
The woman bought the grinder for ₦60,000 and sold it at a loss of 15%. This means that she sold it for 100% - 15% = 85% of its original price. To find out how much she sold it for, we can calculate 85% of ₦60,000:
85% of ₦60,000 = 0.85 x ₦60,000 = ₦51,000
Therefore, the woman sold the grinder for ₦51,000. The answer is option C.
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