O-LevelCommerceCreditOct/Nov 2018Paper 1 Q71 Mark
The cash price of a washing machine is $260. The credit price is a deposit of 15% of the cash price and 12 monthly instalments of $25 each. What is the difference between the cash price and the credit price?
A$39
B$79
C$300
D$339
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of credit within the Commercesyllabus. The examiner's mark scheme requires...
📋 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...
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