Please I want the answer as fast as possible because I am in exam.

1) Which of the following is termed as Trade Discount?

a. It is given for the customers who buys large quantities

b. It is given for immediate payment

c. It is given for retail customers only

d. It is not given for any customers

2) Which of the following type of business is operated by Mr. Salim Abullah?

a. Retail merchandise business

b. Consulting business

c. Wholesale and retail merchandise business

d. Wholesale merchandise business

3) The number 2 in the credit terms of the business will indicate that

a. The customer will be given for 2 days discount period if they pay within 10 days

b. The customer will be given 2 days credit period

c. The customer will be given for 2% cash discount if they pay within 10 days

d. The customer will be given for 2% trade discount if they pay within 10 days

4) Assume that a wholesale trader who purchased 200 kg of halwa on 1st day of November 2020 and made the final payment on 10th day of November 2020. What will be the amount payable by the wholesale trader to Mr. Salim Abdullah on 10th day of November 2020?

a. OMR 1000

b. OMR 931

c. OMR 50

d. OMR 950

Information P Flag question Assuming that Mr. Salim Abdullah was working as a Marketing manager of a famous Omani Halwa factory for 5 years. He then decided to start his own halwa business named TASTY OMANI HALWA LLC. He makes large quantity of halwa every day and sells wholesale and retail traders across Oman. His terms of credit are 2/10, n/30. He will give 5% of trade discount only for wholesale customers and 2% of cash discount for immediate cash payment. His selling price of halwa per kg is OMR 5 for all the customers. BASED ON THE ABOVE SCENARIO, ANSWER Q.NO.13 TO 16