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Ladi sold a car for N84,000 at a loss of 4%. How much did ladi buy the car

Ladi sold a car for N84,000 at a loss of 4%. How much did ladi buy the car
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  • A 80,500
  • B 80,640
  • C 87,360
  • D 87,500
Correct Answer: Option D
Explanation:
The car was sold at 96% ---- N84,000.00
The price of the car is 100% ---- ?
\(\frac{100}{96} \times \frac{84,000}{1}; 25 \times 10,500 = 87,500 \)

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