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O-LevelCommerceFinance7100/11 · Oct/Nov 2012 · Q141 Mark

A customer buys goods costing $200 and is offered terms of '5% 10 days'. How much will the customer pay if he settles his bill two weeks after receipt of the invoice?

A$180
B$190
C$200
D$210

✓ Correct answer

C: $200

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 14.

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