Higher November 2018 Paper 4 Q1
1 Shari buys a box of 60 candles for £125.
She sells the candles for £2.25 each.
Calculate her percentage profit. [4]
| Answer | Marks | Part marks and guidance | |
|---|---|---|---|
| 8 cao | 4 | M3 for \(\dfrac{\textit{their } 60 \times 2.25 - 125}{125}\) soi [0].08 or M2 for their 60 × 2.25 – 125 soi 10 or M1 for 60 × 2.25 soi 135 | allow work in £ or p, alt method: M3 for \(\dfrac{\textit{their } 60 \times 2.25}{125} - 1\) soi [0].08 or M2 for their 135 ÷ 125 soi by 1.08 or 108% or M1 for 60 × 2.25 soi 135 OR M3 for \(\dfrac{2.25 - \textit{their } 125 \div 60}{\textit{their } 125 \div 60}\) soi [0].08 or M2 for 2.25 – their 125 ÷ 60 soi 0.16[6…] or 0.17 or M1 for 125 ÷ 60 soi 2.08[3…] |