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Use the information below to answer question . Adamu Stores bought accessories from Mu'azu Beverages...

Accounts - Principles of Accounts
JAMB 2011
Use the information below to answer question .

Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10% and a cash discount of 15% were provided.

Calculate the cash discount?
  • A. N60
  • B. N90
  • C. N40
  • D. N100
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Correct Answer: Option A
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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