1MA0 Foundation March 2013 Paper 1 Q22
22 Greg sells car insurance and home insurance.
The table shows the cost of these insurances.
| Insurance | Cost |
|---|---|
| car insurance | £200 |
| home insurance | £350 |
Each month Greg earns
£530 basic pay
5% of the cost of all the car insurance he sells
and 10% of the cost of all the home insurance he sells
In May Greg sold
6 car insurances
and 4 home insurances
Work out the total amount of money Greg earned in May. (5)
| Answer | Mark | Notes |
|---|---|---|
| 730 | 5 | M1 for \(\frac{5}{100} \times 200\) (= 10) oe M1 for \(\frac{10}{100} \times 350\) (= 35) oe M1 for \(6 \times '10'\) or \(4 \times '35'\) M1 (dep on M1 earned for a correct method for a percentage calculation) for ‘60’ + ‘140’ + 530 A1 cao Or M1 for \(6 \times 200\) (= 1200) or \(4 \times 350\) (= 1400) M1 for \(\frac{5}{100} \times \text{``}1200\text{''}\) (= 60) oe M1 for \(\frac{10}{100} \times \text{``}1400\text{''}\) (= 140) oe M1 (dep on M1 earned for a correct method for a percentage calculation) for ‘60’ + ‘140’ + 530 A1 cao |