O-LevelCommerceWholesale trade7100/12 · May/June 2022 · Q121 Mark

A wholesaler buys goods from a manufacturer at $10 per item and sells them to retailers at $12 per item. What is the wholesaler's mark-up?

A2%

B5%

C6%

D20%

✓ Correct answer

D: 20%

Oracle Prep sorts past-paper questions by topic, so you can drill Wholesale trade and see which topics are most likely to come up next.

Topic: Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2022 Paper 1 Variant 2, question 12.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content