JAMB Principles of Accounts 2010 Question 9

Three Column Cash Book (Extract)
Debit side (Date, Particulars, Cash ₦, Bank ₦):
1. Bal b/d 3000, 4000
2. Cash Sales 1000
3. Fatima 2000
4. Baffa 200, 300
Credit side (Particulars, Date, Cash ₦, Bank ₦):
Electricity 5, 200, 300
Purchases 6, 3000
Ahmad 7, bank 500
Khadija 8, 200
If Fatima was granted a discount of 2%, what will be the discount allowed?

1. A.₦20
2. B.₦40
3. C.₦60
4. D.₦4.