O-LevelCommerceWholesale tradeMay/June 2016Paper 1 Q151 Mark
Below is part of an invoice sent to a retailer by a wholesaler. INVOICE 100 pairs ladies shoes at $30 per pair $3000 500 pairs socks at $2 per pair $1000 Less 20% Trade Discount $800 Total $3200 Cash Discount 2% if paid within 30 days $64 What is the largest payment the retailer will have to make when paying this invoice?
A$800
B$3136
C$3200
D$4000
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of wholesale trade 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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