Commerce 2003 JAMB Past Questions - Question 8: Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at #+1,000 per carton; 150 bags of sugar at # 500 per bag; 50 bags of rice at # 3 000 per bag. Sani allowed 10% trade discount and 5% cash discount, if payment is made within the agreed period. Ojo paid within the agreed period. How much was the trade discount?

Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at #+1,000 per carton; 150 bags of sugar at # 500 per bag; 50 bags of rice at # 3 000 per bag. Sani allowed 10% trade discount and 5% cash discount, if payment is made within the agreed period. Ojo paid within the agreed period.
How much was the trade discount?