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O-LevelCommerceFinance7100/12 · Oct/Nov 2015 · Q161 Mark

A manufacturer offers a trader an allowance of 5% on goods purchased if the trader pays the manufacturer's account within 14 days. What is the name of this allowance?

Abad debt

Bcash discount

Closs leader

Dnet profit

✓ Correct answer

B: cash discount

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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 2, question 16.

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