Neco 2017 Mathematics Question 2
Practice essay / theory question 2 from the 2017 Neco Mathematics examination. This question covers Fractions, Decimals and Percentages, Percentage change, Reverse calculation .
A shopkeeper bought a batch of fabric for an unknown amount. He first increased the price by 25 %, then gave a discount of 20 % on the increased price. After this, a value‑added tax (VAT) of 5 % is added to the selling price. If the final amount paid by a customer is ₦13 200, determine the original cost price of the fabric and state the overall percentage gain or loss relative to the cost price.
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This is Neco 2017 Mathematics Question 2. It is one of the essay questions from the 2017 Neco Mathematics examination.
The question covers Fractions, Decimals and Percentages, Percentage change, Reverse calculation .
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