O-LevelCommerceBusiness enterpriseOct/Nov 2015Paper 1 Q361 Mark

Simla Traders is a partnership with four general partners who have each invested $100000. The partnership is insolvent and there are debts of $800000 owing to creditors. What amount must be paid to the creditors by each of the partners?

Q: What is the correct answer to this O-Level Commerce question?

The correct answer is C: $200 000.

Q: What topic does this question test?

This question tests Business enterprise in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

A$25000

B$100000

C$200 000

D$800000

✓ Correct Answer

The correct answer is C: $200 000

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

🔒

Unlock the Examiner's Analysis

Join thousands of Cambridge students already using Oracle Prep

About This O-Level Commerce Question

Topic

This multiple-choice question tests Business enterprise in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce Oct/Nov 2015 examination, Paper 1 Variant 1.

Practice on Oracle Prep

Oracle Prep provides AI-powered practice for all Cambridge O-Level and A-Level subjects. Our platform includes topic predictions with 87.7% accuracy, AI essay grading, and a comprehensive question bank spanning 25 years of past papers across 29 subjects.