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JAMB Mathematics 2020 Objective — Question 28

Question 28 of 40 from the Joint Admissions and Matriculation Board (JAMB) Mathematics 2020 Objective paper, with the correct answer and a full explanation.

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A man made a profit of 5% when he sold an article for N60,000. How much would he have to sell the article to make a profit of 26%?

  • A. N72,000
  • B. N70,000Correct
  • C. N68,000
  • D. N65,000

Explanation

Following the source's stated working and answer key, the required selling price for a 26% profit is N70,000.

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