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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 39

Account 2015 JAMB Past Questions - Question 39: Hussain Enterprises sent goods worth N 800,000 at cost plus mark-up of 25% to its branch. Determine the profit on the goods sent to the branch at profit margin of 25% mark-up

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.
Determine the profit on the goods sent to the branch at profit margin of 25% mark-up

A: N150,000.

B: N160,000.

C: N170,000.

D: N180,000.

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ACCOUNTING

Account 2015 JAMB Past Questions - Question 39: Hussain Enterprises sent goods worth N 800,000 at cost plus mark-up of 25% to its branch. Determine the profit on the goods sent to the branch at profit margin of 25% mark-up

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Correct Answer

Explanation