O-LevelCommerceFinanceOct/Nov 2013Paper 1 Q401 Mark
The table shows figures taken for the year 2012 from a trader's accounts. gross profit $20000 net profit $12000 cost of goods sold $80000 cost of average stock $10000 What is the rate of turnover?
A2
B4
C8
D10
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of finance 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep