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O-LevelCommerceWholesale trade7100/12 · May/June 2020 · Q121 Mark

A wholesaler sells 50 chairs to a retailer at a price of $25 each, less 20% trade discount. The retailer returns 8 faulty chairs. How much should the wholesaler send a credit note to the retailer for?

A$160
B$200
C$1050
D$1250

✓ Correct answer

A: $160

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About this question

Topic
Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2020 Paper 1 Variant 2, question 12.

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