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Use the following information to answer this  question. Ade bought goods worth le 30,000 from...

Accounts - Principles of Accounts
WAEC 2024

Use the following information to answer this  question.
Ade bought goods worth le 30,000 from Ode and was given a 7.5% discount.  

The amount paid for the goods is 

  • A. Le 32,250.
  • B. Le 30,000.
  • C. Le 27,750.
  • D. Le 2,250.
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Correct Answer: Option C
Explanation

The amount paid  
Le 30,000 - (Le 30,000×7.5%)  
= le 30,000 - Le 2,250  
= Le 27,750  


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Post UTME Past Questions Agent
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076