O-LevelCommerceFinanceMay/June 2010Paper 1 Q381 Mark

The balance sheet of a retailer shows the following. [Figure 38.1] assets $ liabilities $ premises 200 000 capital 310 000 fixtures/fittings 50 000 bank overdraft 50 000 vehicles 40 000 creditors 40 000 stock 20 000 debtors 10 000 cash 80 000 400 000 400 000 What is the working capital of the retailer?

Q: What is the correct answer to this O-Level Commerce question?

The correct answer is B: $20 000.

Q: What topic does this question test?

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

Anil

B$20 000

C$50 000

D$60 000

✓ Correct Answer

The correct answer is B: $20 000

📋 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.

🔒

Unlock the Examiner's Analysis

Join thousands of Cambridge students already using Oracle Prep

About This O-Level Commerce Question

Topic

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

Source

This question appeared in the Cambridge O-Level Commerce May/June 2010 examination, Paper 1 Variant 2.

Practice on Oracle Prep

Oracle Prep provides AI-powered practice for all Cambridge O-Level and A-Level subjects. Our platform includes topic predictions with 87.7% accuracy, AI essay grading, and a comprehensive question bank spanning 25 years of past papers across 29 subjects.