Foundation November 2021 Paper 2 Q22

EdexcelCurrent spec3 marksPercentages

22 Victor buys 12 bottles of apple juice for a total cost of $\$$21

Victor sells all 12 bottles at $\$$2.45 each bottle.

Work out Victor’s percentage profit.

(3)

Mark scheme

Scheme	Marks
12 × 2.45 (= 29.4) or 21 ÷ 12 (= 1.75)	M1
$\dfrac{\text{‘}29.4\text{’} - 21}{21} \times 100$ oe or $\dfrac{2.45 - \text{‘}1.75\text{’}}{\text{‘}1.75\text{’}} \times 100$ oe or $\left(\dfrac{\text{‘}29.4\text{’} - 21}{12}\right) \div \text{‘}1.75\text{’} \times 100$ oe or $\left(\dfrac{2.45}{\text{‘}1.75\text{’}} \times 100\right) - 100$ oe	M1
Correct answer scores full marks (unless from obvious incorrect working) Answer: 40	A1
	(3)
	(3 marks)

M1: or an answer of 140(%)