Tade bought 200 mangoes at 4 for ₦2.50. 30 out of the mangoes got spoilt and the remaining were sold at 2 for ₦2.40. Find the percentage profit or loss.

Assessment: JAMB UTME - Mathematics - 2019 Subject: General Mathematics

Question 1 Report

Tade bought 200 mangoes at 4 for ₦2.50. 30 out of the mangoes got spoilt and the remaining were sold at 2 for ₦2.40. Find the percentage profit or loss.
Answer Details
200 mangoes at 4 for N2.50
⟹  Total cost price =  200 4 × N 2.50
= N 125.00
Since 30 mangoes got spoilt  ⟹  Left over = 200 - 30
= 170 mangoes 
170 mangoes at 2 for N 2.40
⟹  Total selling point =  170 2 × N 2.40
= N 204.00
Profit : N (204.00 - 125.00) = N 79.00
% profit =  79 125 × 100
= 63.2% profit.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning