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O-LevelCommerceGlobal trade7100/12 · May/June 2022 · Q101 Mark

Kosey is an import agent. He agrees to help an importer sell 100 beds. A buyer has agreed to a sales price of $400 for each bed. The agreed commission is 5%. How much does Kosey receive?

A$5

B$20

C$2000

D$20000

✓ Correct answer

C: $2000

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About this question

Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2022 Paper 1 Variant 2, question 10.

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