1MA0 Higher March 2013 Paper 1 Q11
11 Greg sells car insurance and home insurance.
The table shows the cost of these insurances.
| Insurance | car insurance | home insurance |
|---|---|---|
| Cost | £200 | £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 \(\dfrac{5}{100} \times 200\) (\(= 10\)) oe M1 for \(\dfrac{10}{100} \times 350\) (\(= 35\)) oe M1 for 6 × ‘10’ or 4 × ‘35’ M1 (dep on M1 earned for a correct method for a percentage calculation) for “60” + “140” + 530 A1 cao Or M1 for 6 × 200 (= 1200) or 4 × 350 (= 1400) M1 for \(\dfrac{5}{100} \times\) “1200” (= 60) oe M1 for \(\dfrac{10}{100} \times\) “1400” (= 140) oe M1 (dep on M1 earned for a correct method for a percentage calculation) for “60” + “140” + 530 A1 cao |