Utme 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Utme Commerce examination. This question covers Retail .

Utme 2022 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Retail
Question 4 UTME • 2022 • COMMERCE • objective

Chidimma ordered goods for her retail shop. The manufacturer sells the goods at retail price of ₦500 but would give it to Chidimma at ₦400. What kind of discount did she get?

Answer Options

Correct Answer A. trade discount
B. cash discount
C. quantity discount
D. seasonal discount
Correct Answer
A
Correct Option:
trade discount

About This Question

This is Utme 2022 Commerce Question 4. It is one of the objective questions from the 2022 Utme Commerce examination.

The question covers Retail .

Difficulty level: 2 .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support