Foundation January 2021 Paper 2 Q17
17 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 |
| \(\dfrac{\text{“55”}}{465} \times 100\) or 100 ×(“1.118” – 1) oe | M1 |
| 11.8 | A1 |
| (3) |
Notes
A1: 11.8 or better (11.827956...)
| Scheme | Marks |
|---|---|
| 0.12 × 550 (= 66) | M1 oe |
| 550 – “66” | M1 |
| 484 | A1 |
| (3) | |
| (6 marks) |
Notes
M1 oe: M2 for 0.88 × 550