Commerce
JAMB 2003
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
Correct Answer: Option C
Explanation
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