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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: $3200

📋 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 Wholesale trade 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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