O-LevelCommerceFinanceMay/June 2011Paper 1 Q391 Mark
A clothing retailer says that her rate of turnover is five. What does this mean?
AThe average stock held remains with the retailer for five weeks.
BThe mark up is 5% more than the cost of the clothes.
CThe profits are 5% of the capital invested.
DThe retailer sells five times the average stock held each year.
✓ Correct Answer
The correct answer is D. 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...
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