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O-LevelCommerceCredit7100/12 · May/June 2025 · 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

C: $1080

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2025 Paper 1 Variant 2, question 7.

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