1MA0 Higher June 2017 Paper 2 Q3
3 Identical pairs of boots are sold in London, in Geneva and in Paris.
These boots have a price of
£115 in London
189 Swiss francs in Geneva
174 euros in Paris
The exchange rates are
£1 = 1.39 Swiss francs
£1 = 1.27 euros
Are the boots the best value for money in London or in Geneva or in Paris?
You must show how you get your answer. (3)
| Working | Answer | Mark | Notes |
|---|---|---|---|
| £: \(189 \div 1.39 = 135.97\) \(174 \div 1.27 = 137.01\) SF: \(115 \times 1.39 = 159.85\) \(174 \div 1.27 \times 1.39 = 190.44\) €: \(115 \times 1.27 = 146.05\) \(189 \div 1.39 \times 1.27 = 172.68\) | London with correct comparable figures | 3 | M1 for method to convert one price to another currency, eg \(189 \div 1.39\) M1 for a complete method leading to 3 prices in the same currency or to figures that can be used to compare the 3 prices A1 for London and correct comparable figures (accept rounded or truncated to the nearest unit) |