Question

A man bought an item for N5000.00 and sold it at a loss of 25%. How much did he sell it? A. N6250.00 B.N4750.00 C.N3750.00

D. N2250.00​

Answer 1

Answer: B. 3750

Explanation:

We start by converting the percentage 25% to the decimal 0.25.

Next, we multiply the original price by this decimal (5000*0.25=1250)

And Finally, Since it is a loss we subtract the 1250 from the original price.

5000 - 1250 = 3750