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It is the tradition of the club to write off an amount equal to 25%…

It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.
What is the amount to be written off as other expenses?
  • A.
    N4500
  • B.
    N6000
  • C.
    N4000
  • D.
    N5000
Correct Answer: Option D
Explanation