Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

How do I practice JAMB past questions on Examkits?

You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

Does Examkits work offline?

Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

COMMERCE

JAMB 2020 - Question 14

Commerce 2020 JAMB Past Questions - Question 14: the term 5 Net 7 on an invoice means that

Choose the most appropriate option for the gap .

the term 5 Net 7 on an invoice means that

A: 5% discount will be allowed on the price charged if payment is made within seven days

B: 5 % discount will be allowed on the price charged if payment is made after seven days

C: 5% surcharge will be made unless payment is made within seven days

D: 5% discount will be allowed on the price charged only if the goods are brought within seven days

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COMMERCE

Commerce 2020 JAMB Past Questions - Question 14: the term 5 Net 7 on an invoice means that

Examkit's JAMB CBT App

Correct Answer

Explanation