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Post-UTME Mathematics 2015 Objective — Question 8

Question 8 of 40 from the Post-UTME Screening (Post-UTME) Mathematics 2015 Objective paper, with the correct answer and a full explanation.

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A car dealer paid N240,000 for a car. He added 1/5 of this amount to what he paid, in order to determine his selling price. What was his selling price?

  • A. N264,000
  • B. N288,000Correct
  • C. N244,000
  • D. N248,000

Explanation

240,000 x (1+1/5) = 240,000 x 1.2 = N288,000.

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