If Fatima was granted a discount of 2% what will be discount allowed?

Home » Past Questions » Accounts-principles-of-accounts » Jamb » 2010 » If Fatima was granted a discount of 2% what will be discount allowed?
Accounts - Principles of Accounts JAMB 2010

If Fatima was granted a discount of 2% what will be discount allowed?

  • N20
  • N40 checkmark
  • N60
  • N4

The correct answer is: B

Explanation

Fatima cash purchase = 2000

Discount allowed = 2%

\(\frac{2}{100}\) x 2000 = 40

Previous Question Next Question

Leave A Comment