Waec Model Questions Vol1 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2020 Commerce Objective / Multiple Choice Easy Difficulty
Question 22 WAEC_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

The list price of a batch of goods is ₦500,000. The trader receives a trade discount of 10% and, if he pays within 15 days, a further cash discount of 2% on the balance after the trade discount. What cash price must the trader pay?

Answer Options

A. 452000
Correct Answer B. 441000
C. 440000
D. 449000
Correct Answer
B
Correct Option:
441000

About This Question

This is Waec Model Questions Vol1 2020 Commerce Question 22. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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