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O-LevelAccountingSources and recording of data7707/12 · May/June 2012 · Q51 Mark

Hasina buys radios from Nazneen at a list price of $10 each. Hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. Two radios were faulty and returned to Nazneen. What was the total of the credit note issued by Nazneen?

A$15.36
B$16.00
C$19.20
D$20.00

✓ Correct answer

B: $16.00

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About this question

Topic
Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2012 Paper 1 Variant 2, question 5.

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