O-LevelCommerceCreditMay/June 2016Paper 1 Q91 Mark

Susan buys a jacket using a credit sales agreement. The cash price is $290. Susan pays $50 deposit and the rest of the debt, on which 10% interest is charged, in 12 equal monthly instalments. What will be the total credit sales price?

Q: What topic does this question test?

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

A$266

B$290

C$314

D$340

✓ Correct Answer

The correct answer is C: $314

📋 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 Credit in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce May/June 2016 examination, Paper 1 Variant 2.

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