O-LevelCommerceCredit7100/12 · Oct/Nov 2023 · Q91 Mark

A newsagent sells $240 of newspapers weekly. The table shows the percentage of customers using each method of payment. [Figure: Table showing methods of payment (cash, direct debit, informal credit) and their percentages (10%, 15%, 75%).] How much should the newsagent be paid weekly by informal credit?

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A$24

B$36

C$60

D$180

✓ Correct answer

D: $180

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