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Exam (elaborations)

Edexcel International GCSE Commerce (4CM1/01R) Question Paper 1 and Mark Scheme Summer 2025

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Edexcel International GCSE Commerce (4CM1/01R) Question Paper 1 and Mark Scheme Summer 2025

Institution
Edexcel International GCSE
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Edexcel International GCSE
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Edexcel International GCSE

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January 6, 2026
Number of pages
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Written in
2025/2026
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Pearson Edexcel International GCSE (9–1)
Monday 19 May 2025
Afternoon (Time: 1 hour 30 minutes) Paper
reference 4CM1/01R
Commerce 🟐 🟐


PAPER 1: Commercial operations and associated risks


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Instructions

•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
•• Answer all questions.
Answer the questions in the spaces provided

• Where
– there may be more space than you need.
asked you must show all your working out with your answer clearly
identified at the end of your solution.

Information

•• The total mark for this paper is 80.
The marks for each question are shown in brackets

• Calculators may be used.
– use this as a guide as to how much time to spend on each question.


Advice
• Read each question carefully before you start to answer it.
• Try to answer every question.
• your answers if you have time at the end.
Check



Pearson Edexcel International GCSE Commerce (4CM1/01R)
Question Paper 1 and Mark Scheme Summer 2025

, SECTION A

Answer ALL questions. Write your answers in the spaces provided.




DO NOT WRITE IN THIS AREA
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
1 (a) Which one of the following is a physical limit on the quantity of items imported
by a business?
Select one answer.
(1)

A Tariffs

B Quotas

C Import licence

D Exchange control




DO NOT WRITE IN THIS AREA
(b) Which one of the following is a payment given by government to businesses?
Select one answer.
(1)

A Subsidy

B Duty

C Factoring

D Privatisation



(c) Define the term insurance policy.
(1)
DO NOT WRITE IN THIS AREA
. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................



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(d) Define the term investment.
(1)

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, (e) Wellington Fruit Growers is based in South Africa. It sells a range of fresh and dried
fruits, from fresh peaches and grapes to dried figs and raisins. One of the main
attractions for customers is that it sells a range of fruit baskets for all occasions.
DO NOT WRITE IN THIS AREA




From time to time Wellington Fruit Growers will introduce new types of dried
or fresh fruit baskets. It sells these baskets at a reduced price to encourage
customers to purchase them.

Usually Wellington Fruit Growers sells its fresh fruit baskets for 650 South African
Rand (ZAR).

(i) Calculate the price when Wellington Fruit Growers sells a basket of fresh fruit
with a 12% discount on its usual price of 650 ZAR. You are advised to show
your workings.
(2)
DO NOT WRITE IN THIS AREA




. ............................................................................... ZAR


(ii) State one advantage for customers when Wellington Fruit Growers lowers the
price of its fruit baskets.
(1)

. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . . . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................



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DO NOT WRITE IN THIS AREA




(iii) State one disadvantage for Wellington Fruit Growers of using loss leaders.
(1)

. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................



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3
■■■■ Turn over

, (f) Explain one benefit for a business of having fidelity guarantee insurance.
(3)




DO NOT WRITE IN THIS AREA
. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................



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DO NOT WRITE IN THIS AREA
(g) Explain one reason why hypermarkets are so popular.
(3)

. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................



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