A buyer places an order worth USD 200,000 and pays 30% in advance. How much is paid at ordering?
AUSD 30,000
BUSD 140,000
CUSD 60,000
DUSD 70,000
Answer & Solution
Correct answer: C. USD 60,000
30% of 200,000 is 60,000, with the remaining 70% (140,000) due when the goods are released or shipped.
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