Accounting JAMB

The floor spaces occupied by the departments are 3:2:5 respectively. What is the rent allocated to clothing department?

The rent expense for Trendy store is ₦3500. Trendy store has three departments; jewelry, hair dressing, and clothing. The floor spaces occupied by the departments are 3:2:5 respectively. What is the rent allocated to clothing department?

A. ₦700
B. ₦1050
C. ₦1750
D. ₦3500

Correct Answer:

Option C – ₦1750

Explanation

Jewelry 3/10 x 3500 = 1050

Hairdressing 2/10 x 3500 = 700

Clothing 5/10 x 3500 = 1750

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