O-LevelCommerceFinanceOct/Nov 2017Paper 1 Q151 Mark
The following figures are an extract from a statement of account dated 31 March. It has been received by WW Computers from one of its suppliers. [Table showing: balance due $20000, cash discount 5%: 14 days, trade discount 20%] If WW Computers settles the account on 20 April, how much would the company pay?
A$16000
B$19000
C$20000
D$25000
✓ Correct Answer
The correct answer is A: $16000
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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