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O-LevelCommerceFinance7100/11 · Oct/Nov 2015 · Q151 Mark

A television set is purchased by a retailer for $1500 less 20% trade discount. How much profit will the retailer make if the television set is sold for $1400?

A$100

B$200

C$280

D$300

✓ Correct answer

B: $200

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 1, question 15.

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