Use the information below to answer question 7 and 8. Ojo purchased the following items
COMMERCE
JAMB 2003
Use the information below to answer question 7 and 8. Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at N1,000 per carton; 50 bags of rice at N3 000 per bag. Sani allowed 10% trade discount and 5% cash discount, if payment is made within the agreed period. Ojo paid within the agrred period. What was the the amount paid by Ojo?
- A. N382,500
- B. N425,000
- C. N363,375
- D. N61,625
Correct Answer: C. N363,375
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