O-LevelCommerceFinanceOct/Nov 2025Paper 1 Q371 Mark
The table shows part of a profit and loss account for last year. [Table showing part of a profit and loss account in $ million: revenue (525), cost of sales (175), gross profit (350), expenses (300).] What was the net profit last year?
A$50 million
B$175 million
C$350 million
D$700 million
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of finance 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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