Calculate the discount received in Department B
Calculate the discount received in Department B
Misplaced \hlineMisplaced \hline
A ₦12,000
B ₦15,000
C ₦16,000
D ₦9,000
Answer is B
Before calculating the discount received in Dep. B
We 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; 250,000×24,000(Total discount received) x 400,000
= 15,000
Tag:2017 Jamb Accounting, Jamb, Jamb 2017 accounting questions and answers, Jamb 2017 financial accounting questions and answers, Jamb Accounting, Jamb accounting past questions, Jamb accounting past questions and answers, Jamb Accounts, Jamb financial accounting, Jamb financial accounting questions and answers, Jamb past questions and answers on accounting, Jamb past questions and answers on financial accounting, Joint Admissions and Matriculation Board