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...

Assessment: JAMB UTME - Mathematics - 2015 Subject: General Mathematics

Question 1 Report

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?

3%

2%

4%

1%

Modular Arithmetic

Ratio, Proportions And Rates

Financial Arithmetic

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