\(\begin{array}{c|c} & \text{Dept A} & \text{Dept...
\begin{array}{c|c} & \text{Dept A} & \text{Dept B} \\ \hline & N & \\ \hline \text{Sales} & 250 000 & 150,000 \\ \hline \text{Purchases} & 500,000 & 250 000 \\ \hline \text{Discount received} & 24 000 & \\ \hline \text{Discount allowed} & 15 000 & & \end{array} Determine the discount allowed by Department A
₦5,000
₦9,375
₦5,625
₦8,000
Correct answer is B
To determine the discount allowed by Department B, the percentage of sales by Department B need to be calculated
Dep A 250,000
Dep B \frac{150,000}{400,000}
% of Dep A = \frac{250,000}{400000} X 100
= 62.5%
∴ Discount allowed in Dep A = \frac{62.5}{100} x 250,000
= ₦ 9,375
= ₦ 9,375
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