Accounts (Principles of Accounts)Branch and departmental accountsWAEC
Goods sent to a branch at cost plus 25%. If goods invoiced at ₦50,000 were sent, the cost was
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Answer: B. ₦40,000
50,000 ÷ 1.25.
An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.