Mrs Bambaelle wants to buy a motorcycle priced at $2400. If she pays cash, a discount of 30% will be given. If she buys on hire purchase, a deposit of 25% is required plus 12 equal instalments of $180. How much extra will she pay if she uses hire purchase to buy the motorcycle rather than paying cash?
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The correct answer is C. This question tests the candidate's understanding of credit within the Commercesyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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