Accounting 0452 · IGCSE · Business documents

Business documents — practice question

Andy purchased from Khalid on a regular basis. The goods had a list price of $1000, and after a 5% discount for prompt payment he later paid $760 as the final amount due. What trade discount was given to Andy?

  • A$40
  • B$190
  • C$200
  • D$278

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