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O-LevelCommerceProduction7100/12 · Oct/Nov 2016 · Q21 Mark

A chair is sold for $200. The cost of the materials was $50. The cost of services used was $35. Manufacturing wages amounted to $100. What is the added value?

A$15
B$115
C$150
D$165

✓ Correct answer

B: $115

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About this question

Topic
Production, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 2.

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