Use the information below to answer questions Given: Returns inwards............N1500 cash.......................N1550 Discount...................N2850 Capital....................N3800 Debtors....................N900 Sundry.....................N?...

JAMB 2007

Use the information below to answer questions

Given:
Returns inwards............N1500
cash.......................N1550
Discount...................N2850
Capital....................N3800
Debtors....................N900
Sundry.....................N?
The value of sundry expenses is 150% of returns inwards plus 50% of debtors.

How much is sundry expenses?

A. N2700
B. N2250
C. N1550
D. N2000

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Correct Answer: Option A

Explanation

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