Commerce > Edexcel > 2022 pearson june booklet + mark scheme Edexcel International GCSE (9–1) 4CM1/02R Commerce PAPER (All)
SECTION A Answer ALL questions. Write your answers in the spaces provided. Some questions must be answered with a cross in a box . If you change your mind about an answer, put a line through the bo... x and then mark your new answer with a cross . 1 (a) Which one of the following trading documents asks to purchase a product? Select one answer. (1) A An invoice B A quotation C An advice note D An order (b) Which one of the following is the quickest way to transport tourists from Canada to China? Select one answer. (1) A A passenger aircraft B A goods train C An oil tanker D A taxi (c) Define the term dividend. (1) .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... (d) Define the term credit guarantee. (1) .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... *P72017A0320* Turn over 3 (e) In 2019, Anna started selling bananas from a stall on a road near her farm in Brazil. She only accepted cash payments. In 2020, Anna began selling packed lunches to passing truck drivers. She allowed them to pay once a week but charged them 2% interest. (i) State one benefit to Anna of opening a current account at her bank. (1) .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... (ii) State one way an overdraft may have helped Anna meet her extra costs when she started selling packed lunches. (1) .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................................................................................................... Figure 1 shows the amount owed by a truck driver for the packed lunches bought that week. Week ending 6 February 2021 Amount due in Brazilian Reals (R$) Packed lunches 52.50 Figure 1 (iii) Calculate, to two decimal places, the interest the truck driver will have to pay at a rate of 2%. You are advised to show your working. (2 [Show More]
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