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O-LevelCommerceCreditMay/June 2025Paper 1 Q71 Mark

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?

A$600
B$720
C$1080
D$2580

✓ Correct Answer

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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2025 examination, Paper 1 Variant 2. It tests the topic of Credit and is worth 1 mark.

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