A trader bought a generator for ₦85,000 and sold it at a gain of \(12\%\). Find the selling price.
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Correct Answer: Option A
Explanation:
Gain: \[<br/>12\%\times85000<br/>\] \[<br/>=\frac{12}{100}\times85000<br/>\] \[<br/>=10200<br/>\] Selling price: \[<br/>85000+10200<br/>\] \[<br/>=95200<br/>\]
Gain: \[<br/>12\%\times85000<br/>\] \[<br/>=\frac{12}{100}\times85000<br/>\] \[<br/>=10200<br/>\] Selling price: \[<br/>85000+10200<br/>\] \[<br/>=95200<br/>\]