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O-LevelCommerceFinance7100/11 · Oct/Nov 2015 · Q401 Mark

Suzi runs a business selling fashion clothing. An extract from her profit and loss account from last year is shown. [Table 40.1] What is X?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Aexpenses

Bgross profit

Cnet profit

DSuzi's salary

✓ Correct answer

B: gross profit

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 1, question 40.

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