O-LevelCommerceWholesale trade7100/12 · May/June 2021 · Q121 Mark

When is cash discount offered by a wholesaler to a customer?

Awhen the customer buys goods on hire purchase

Bwhen the customer buys trade goods

Cwhen the customer pays for goods promptly

Dwhen the customer pays for goods with a credit card

✓ Correct answer

C: when the customer pays for goods promptly

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Topic: Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2021 Paper 1 Variant 2, question 12.

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