Calculate the discount received in Department B
\(\begin{array}{c|c} & \text{Dept A} & \text{Dept B} \\ \hline & N & \\ \hline \text{Sales} & 250 000 & 500 000 \\ \hline \text{Purchases} & 150 000 & 250 000 \\ \hline \text{Discount received} & 24 000 & \\ \hline \text{Discount allowed} & 15 000 & &
\end{array}\)
- ₦12,000
-
₦15,000
- ₦16,000
- ₦9,000
The correct answer is: B
Explanation
Before calculating the discount received in Dep. BWe need to calculate the percentage of purchases for Dep B
Out of the total purchases
Dep. A purchases 150,000
Dep. B purchases 250,000
400,000 - Total purchases
there4; \(\frac{250,000 \times 24,000}{\text{(Total discount received)}}\) x 400,000
= 15,000