Skip to main content
O-LevelCommerceFinance7100/12 · May/June 2020 · Q141 Mark

How much would a buyer pay when given 5% cash discount on an item originally priced at $1200?

A$60
B$1140
C$1195
D$1200

✓ Correct answer

B: $1140

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Finance and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2020 Paper 1 Variant 2, question 14.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

© 2026 Oracle Prep