Higher January 2021 Paper 2 Q3
3 Gladys buys a table for $465 to sell in her shop.
She sells the table for $520
(a) Work out the percentage profit that Gladys makes from the sale of the table.
Give your answer correct to 3 significant figures. (3)
Give your answer correct to 3 significant figures. (3)
Gladys has a sale in her shop.
She decreases all the normal prices by 12%
The normal price of an armchair was $550
(b) Work out the sale price of the armchair. (3)
| Scheme | Marks |
|---|---|
| 520 – 465 (= 55) or \(\dfrac{520}{465}\) (=1.118…) | M1 |
| \(\dfrac{\text{“}55\text{”}}{465} \times 100\) or 100 × (“1.118” – 1) oe | M1 |
| Correct answer scores full marks (unless from obvious incorrect working) Answer: 11.8 | A1 |
| (3) |
Notes
A1: 11.8 or better (11.827956...)
| Scheme | Marks |
|---|---|
| 0.12 × 550 oe (= 66) | M1 |
| 550 – “66” | M1 |
| Correct answer scores full marks (unless from obvious incorrect working) Answer: 484 | A1 |
| (3) | |
| (6 marks) |
Notes
M1: oe
M2 for 0.88 × 550 oe