O-LevelCommerceInsurance7100/11 · Oct/Nov 2025 · Q291 Mark

An insurance company offers annual buildings insurance at a rate of 30% of the value of contents insurance. Contents insurance rates are shown in the table. [Table showing contents insurance rates: value of contents 'up to 10000' has a total annual premium of '80', and 'value of contents $10001 to $25000' has a total annual premium of '$150'.] If a householder buys both buildings insurance and contents insurance to cover contents valued at $15000, what will be the annual premium?

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A$45

B$105

C$145

D$195

✓ Correct answer

D: $195

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2025 Paper 1 Variant 1, question 29.

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