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JAMB Commerce 2009 Objective — Question 12

Question 12 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2009 Objective paper, with the correct answer and a full explanation.

12. If a buyer is given 12.5% discount on 50,000 worth of goods, how much will he pay?

A. 56250
B. 43750Correct
C. 43250
D. 6250

Explanation

Amount to be paid = 87.5% x 50,000 = N43,750.

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