Foundation November 2020 Paper 1 Q12
12 Gavin bought 3 pairs of jeans in the USA.
He paid a total of $72
Gavin sold the 3 pairs of jeans in England.
He sold each pair of jeans for £34.50
£1 = $1.34
Work out Gavin’s percentage profit.
Give your answer correct to the nearest whole number.
(4)
| Scheme | Marks |
|---|---|
| E.g. (72 ÷ 3) × 1.34 (= 17.91) or 34.5 × 1.34 (= 46.23) or 72 ÷ 1.34 (= 53.73) or (34.5 × 3) × 1.34 (= 138.69) | M1 |
| 34.5 – ‘17.91’ (= 16.59) or ‘46.23’ – (72 ÷ 3) (= 22.23) or (34.5 × 3) – ‘53.73’ (= 49.77) or ‘138.69’ – 72 (= 66.69) | M1 |
\(\dfrac{\text{‘16.59’}}{\text{‘17.91’}} \times 100\) or \(\dfrac{\text{‘22.23’}}{(72 \div 3)} \times 100\) or \(\dfrac{\text{‘49.77’}}{\text{‘53.73’}} \times 100\) or \(\dfrac{\text{‘66.69’}}{72} \times 100\) | M1 |
| 93 | A1 |
| (4) | |
| (4 marks) |
Notes
M1: for converting £ to $ or $ to £
M1: for profit of 1 pair of jeans or 3 pairs of jeans
M1: for a complete method
A1: for 92.625 – 93