Numeracy Foundation November 2022 Unit 2 Q4
4. Viktor runs a plumbing company that is based abroad.
(a)
In April 2022, the rate of VAT that Viktor had to pay on goods increased to 23%.
In May 2022, Viktor bought goods worth 4000 euros before VAT.
If he had bought the goods before April, the VAT would have been 800 euros.
How much more VAT did Viktor pay on the goods in May than he would have done if he had bought them before April? [3]
…………………… euros
(b) Viktor pays 3600 euros towards his tax bill.
The exchange rate is £1 = 1.11 euros.
How much is 3600 euros in pounds?
Give your answer correct to the nearest penny. [2]
The exchange rate is £1 = 1.11 euros.
How much is 3600 euros in pounds?
Give your answer correct to the nearest penny. [2]
£ ……………………
| Scheme | Marks | Comments |
|---|---|---|
| 23/100 × 4000 or equivalent | M1 | Answer line takes precedence Allow full correct method e.g.
|
| 920 | A1 | |
| (920 – 800=) 120 (euros) | A1 | FT from M1 A0 ‘their 920’ – 800 correctly evaluated |
Alternative
The alternative method is printed in italics in the mark scheme.
Alternative Method
| Scheme | Marks | Comments |
|---|---|---|
| 4(a) 23/100 × 4000 - 800 | M2 | Answer line takes precedence Award M2 for (4000 – 800) – 77/100 × 4000 (3200 – 3080) Award M1 for 23/100 × 4000 or equivalent |
| 120 (euros) | A1 |
| Scheme | Marks | Comments |
|---|---|---|
| 3600 ÷ 1.11 (£) 3243.24 | M1 A1 | Answer space takes precedence Sight of (£) 3243 or 3243.2(4324....) implies M1 |