O-LevelCommerceFinanceOct/Nov 2014Paper 1 Q151 Mark
Enver has been selling ice creams for $0.80 from his market stall. He buys them at a cost price of $0.50. A supermarket is now selling the ice creams for $0.60. If Enver is to match the supermarket's selling price, what would be his percentage mark-up?
A20%
B25%
C30%
D67%
✓ Correct Answer
The correct answer is A. 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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