JSCE Business Studies 2022 Objective — Question 24
Question 24 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.
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A trader purchased goods worth N12,000 and was given a trade discount of 5%. What is the amount of the trade discount?
- A. N450
- B. N500
- C. N600Correct
- D. N1,200
Explanation
5/100 × 12,000 = N600.
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