4MA0 Higher June 2015 Paper 3 Q7
7 John changes £450 to euros.
The exchange rate is £1 = 1.16 euros.
(a) Change £450 to euros. (2)
When in Amsterdam, John uses his credit card to pay for a ring costing 850 euros.
He has to pay a bank charge of £3.50 for using his credit card in addition to the cost of the ring.
(b) Work out the total cost, in pounds (£), of the ring and the bank charge. (3)
| Scheme | Marks |
|---|---|
| 450 × 1.16 oe | M1 |
| 522 | A1 |
| (2) |
| Scheme | Marks |
|---|---|
| 850 ÷ 1.16 oe (= 732.76) or 732 – 733 | M1 |
| “732.76” + 3.50 | M1 (dep) |
| 736.26 | A1 |
| (3) |
Notes
M1: M1 for 3.50 × 1.16 (= 4.06)
M1 (dep): M1 (dep) for (850 + “4.06”) ÷ 1.16 oe
A1: Accept 736 – 736.3