If goods were bought from Tanko at a cost price of #9,000 with a cash
FINANCIAL
JAMB 2014
If goods were bought from Tanko at a cost price of #9,000 with a cash discount of 5%, how much will be paid assuming prompt payment was made?
- A. #4,500
- B. #8,550
- C. #9,000
- D. #9,450
Correct Answer: B. #8,550
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