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JSCE Business Studies 2022 Objective — Question 53

Question 53 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

If an articles cost N480 and the profit on it is 15%. What is the selling price?

A. N408
B. N480
C. N550
D. N552Correct

Explanation

480 × 1.15 = N552.

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