◈ Oracle Prep Sign Up Free

O-LevelCommerceFinance7100/12 · May/June 2023 · Q351 Mark

Mr Khan bought 500 shares for $3000. After three months, he received a total dividend of $200. He then sold the shares for $8 each. How much did he lose or profit on the whole transaction?

A$1200 loss

B$1000 profit

C$1200 profit

D$4000 profit

✓ Correct answer

C: $1200 profit

Practise more questions on this topic

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

Sign up free →

About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2023 Paper 1 Variant 2, question 35.

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

Related Commerce questions

FinanceMay/June 20141m

A public limited company may raise more capital by

FinanceMay/June 20141m

For which purpose would a bank manager offer a loan rather than an overdraft to a small-scale retailer?

FinanceMay/June 20161m

Mr Futkov sells cameras. He bought a camera for $165 and sold it for $231. What is his percentage mark-up?

CommunicationsMay/June 20101m

Which postal service is available at a post office counter?

TransportMay/June 20101m

What name is given to a ship where vehicles may be driven on and driven off?

WarehousingMay/June 20101m

Which service is provided to an air freight company by an airport authority?

← Browse all past-paper questions