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O-LevelCommerceInsuranceOct/Nov 2021Paper 1 Q321 Mark

Solomon has information from four insurance companies, A–D. He wants to insure two shops he owns. One shop is in Area 1 and one shop is in Area 2. Which insurance company offers the cheapest premium to insure both shops? Area 1 Area 2 A $400 $500 B $500 $500 C $300 $500 D $600 $700

AA
BB
CC
DD

✓ Correct Answer

The correct answer is C: C

📋 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.

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About This O-Level Commerce Question

Topic

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

Source

This question appeared in the Cambridge O-Level Commerce Oct/Nov 2021 examination, Paper 1 Variant 1.

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