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

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ACCOUNTING

JAMB 2015 - Question 38

Account 2015 JAMB Past Questions - Question 38: Hussain Enterprises sent goods worth N 800,000 at cost plus mark-up of 25% to its branch. What is the cost price of the goods sent to the branch?

Use the information below to answer questions 38 and 39

Hussain Enterprises sent goods worth N 800,000 at cost plus mark-up of 25% to its branch.
What is the cost price of the goods sent to the branch?

A: N600,000.

B: N620,000.

C: N640,000.

D: N700,000.

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ACCOUNTING

Account 2015 JAMB Past Questions - Question 38: Hussain Enterprises sent goods worth N 800,000 at cost plus mark-up of 25% to its branch. What is the cost price of the goods sent to the branch?

Examkit's JAMB CBT App

Correct Answer

Explanation