Subsection 5.4.2. Commercial calculations for Commerce, O Level - revisedeck

5.4.2. Commercial calculations

A subsection of Commerce, 7100, through 5. Aids to trade that support commerce

Listing 10 of 74 questions

Mr Singh is a franchisee who has to pay monthly royalty payments of $500 plus 5% of his shop’s turnover. If this month’s sales have been $20 000, how much are this month’s royalties?

7100_w23_qp_11

MCQ

2023

Paper 1, Variant 1

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A newsagent sells $240 of newspapers weekly. The table shows the percentage of customers using each method of payment. method of payment % of customers paying by each method cash direct debit informal credit How much should the newsagent be paid weekly by informal credit?

7100_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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The cost price of a refrigerator is $150. The mark-up is 20% of the cost price. What is the selling price?

7100_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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The table shows trading figures for a business. $ 300 000 160 000 175 000 75 000 sales opening stock purchases less returns closing stock What is the cost of goods sold for this business?

7100_w24_qp_11

MCQ

2024

Paper 1, Variant 1

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Questions Discovered

74