A radio bought for ₦5,000 was sold at a loss of 10%. Find the selling price.
A₦4,500CORRECT
B₦4,000
C₦500
D₦5,500
Common EntranceMathematicsProfit and Loss
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Why the answer is A, and why the others tempt you.
10% of ₦5,000 is ₦500. Selling price = ₦5,000 - ₦500 = ₦4,500.
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