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O-LevelCommerceWholesale trade7100/12 · Oct/Nov 2017 · Q121 Mark

The diagram shows the costs per litre of producing and selling milk to the consumer. [Diagram showing production and selling costs for milk per litre: farmer produces milk for $0.30, milk is processed for $0.25, warehouse collects and stores milk before selling to local retailers for $0.70, retailers sell to customers for $1.00.] What is the cost of the wholesale function?

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.

A$0.15
B$0.30
C$0.45
D$0.70

✓ Correct answer

A: $0.15

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About this question

Topic
Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 2, question 12.

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