Foundation November 2022 Paper 1 Q19
19. Bryn lives in Canada.
When he bought a book from the UK for £240, the exchange rate was
£1 = 2.50 Canadian dollars.
When he sold the same book to a person in Japan for 162 000 Japanese yen, the exchange rate was
1 Canadian dollar = 81 Japanese yen.
Show that Bryn made more than 1000 Canadian dollars buying and selling this book. [5]
| Scheme | Marks | Comments |
|---|---|---|
| \(240 \times 2.5\) | M1 | |
| 600 (Canadian dollars) | A1 | |
| \(162\,000 \div 81\) | M1 | |
| 2000 (Canadian dollars) | A1 | |
| 2000 – 600 = 1400 (> 1000) | B1 | FT ‘their 2000’ and ‘their 600’ provided M1 M1 awarded. Ignore units |
| (5) |
Alternative
| Scheme | Marks | Comments |
|---|---|---|
| \(240 \times 2.5\) | M1 | |
| 600 (Canadian dollars) | A1 | |
| \(162\,000 - 600 \times 81\) | M1 | FT ‘their 600’ |
| 113 400 | A1 | FT |
| Correct complete comparison e.g. 113 400 > 81 000 or 1400 (> 1000) | B1 | FT ‘their derived 113 400’ provided M1 M1 awarded. Ignore units |