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O-LevelCommerceCredit7100/12 · May/June 2019 · Q101 Mark

This label was displayed on a tablet computer in a store. Cash Price: $450 Hire Purchase Price: Deposit $200 and 12 monthly installments of $25 How much more would the tablet computer cost if it was bought on hire purchase?

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A$25

B$50

C$300

D$500

✓ Correct answer

B: $50

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2019 Paper 1 Variant 2, question 10.

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