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Use the information below to answer the question.Ojo purchased the following ite...


Question

Use the information below to answer the question.

Ojo purchased the following items from Sani at the specified prices on credit: 200 cartons of milk at ₦1,000 per carton; 50 bags of rice at ₦3 000 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.

How much was the trade discount?

Options

A)
₦42.500
B)
₦27,500
C)
₦22,500
D)
20,000

The correct answer is A.


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