Foundation November 2024 Paper 3 Q16
16 The original value of a car is £8600
The value of the car decreases by
15% in the first year
then
10% in the second year.
Work out the value of the car after these two years. [3 marks]
| Answer | Mark | Comments |
|---|---|---|
| \(8600 \times 0.15\) or 1290 or \(8600 \times 0.85\) or 7310 or \(0.85 \times 0.9\) or 0.765 or \(8600 \times 0.1\) or 860 or \(8600 \times 0.9\) or 7740 | M1 | oe |
| \((8600 - \text{their } 1290) \times 0.9\) or their \(7310 \times 0.9\) or \(0.85 \times 0.9 \times 8600\) or \((8600 - \text{their } 860) \times 0.85\) or their \(7740 \times 0.85\) | M1dep | oe |
| 6579 | A1 | SC1 10 879 |
Additional guidance
| SC1 10 879 is for correctly calculating a repeated increase | |
| Accept 6600 with M2 awarded eg \(8600 \times 0.85 \times 0.9 = 6600\) | M2A1 |