A trader bought goats for N4000 each. He sold them for N180,000 at a loss of 25%. How many goats did he buy?

  • A 60
  • B 50
  • C 45
  • D 36
jamb 2002mathematics

The correct answer is A. 60

Let's say the trader bought x goats. The cost price of the goats is N4000x. If he sold them for N180,000 at a loss of 25%, then the selling price is 75% of the cost price. So we can write an equation to find the value of x:

0.75 (4000x) = 180,000

3000x = 180,000

x = 60

So the trader bought 60 goats.

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