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O-LevelCommerceCreditOct/Nov 2020Paper 1 Q121 Mark

Cash discount offered to customers means that they pay less than the full amount if

Agoods are purchased by cash.
Bgoods are purchased by cheque.
Cpayment is made after interest is given.
Dpayment is made in the agreed time period.

✓ Correct Answer

The correct answer is D. 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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) Oct/Nov 2020 examination, Paper 1 Variant 1. It tests the topic of Credit and is worth 1 mark.

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