WAEC - Accounts Principles Of Accounts (2024 - No. 41)
Use the following information to answer this question.
Ade bought goods worth le 30,000 from Ode and was given a 7.5% discount.
The amount paid for the goods is
Le 32,250.
Le 30,000.
Le 27,750.
Le 2,250.
Explanation
The amount paid
Le 30,000 - (Le 30,000×7.5%)
= le 30,000 - Le 2,250
= Le 27,750
Le 30,000 - (Le 30,000×7.5%)
= le 30,000 - Le 2,250
= Le 27,750
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