O-LevelCommerceInsuranceOct/Nov 2025Paper 1 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?
A$45
B$105
C$145
D$195
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of insurance within the Commercesyllabus. The examiner's mark scheme requires...
📋 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...
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