Commerce Questions and Answers

How much was the trade discount?

Use the information below to answer question 377 and 378.

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?

Goods that are manufactured or acquired by the seller after the contract of sale are?

A pattern that shows the kinds of participants involved in the production, distribution and ultimate use of a product is referred to as?

The main motive of chambers of commerce and trade association is to?