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ACCOUNTING

JAMB 2011 - Question 10

Account 2011 JAMB Past Questions - Question 10: 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.

Choose the most appropriate option for the gap .

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

Explanation

Wrong option