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O-LevelCommerceFinance7100/11 · May/June 2011 · Q151 Mark

A trader buys goods worth $4000 on credit and receives 20% trade discount and 10% cash discount. How much is the trade discount?

A$400
B$800
C$3200
D$3600

✓ Correct answer

B: $800

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2011 Paper 1 Variant 1, question 15.

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