Question 0

Use the information below to answer question 7 and 8.

Ojo purchased the following items from Sani at the specified prices on credit:
200 cartons of milk at N1,000 per carton; 50 bags of rice at N3 000 per bag.
Sani allowed 10% trade discount and 5% cash discount, if payment is made within the agreed period. Ojo paid within the agrred period.

What was the the amount paid by Ojo?

  • A.N382,500
  • B.N425,000
  • C.N363,375
  • D.N61,625
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
2003
Question no.
#0
Type
Objective

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