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16.3 A business had a balance at the bank of $2, 500 at the start of the month. During the following month, it paid for materials invoiced at $1 ,000 less trade discount of 20% and cash discount of 10%. It received a cheque from a customer in respect of an invoice for $200, subject to cash discount of 5%.
What was the balance at the bank at the end of the month?
A $1,970
B $1,980
C $1,990
D $2,000
答案：A
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