4MA1/1H Jun 2023, Question 3: Profit and Loss
Pearson Edexcel International GCSE Mathematics A 4MA1 · Paper 1H (Higher) · Calculator · 4 marks
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The question, in short
Calculate Nanette's percentage profit from buying 60 notebooks at 780 dirhams total and selling them at 22 and 19 dirhams, to 3 significant figures.
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Solution · 4 marks
- 1Sold at 22: 70% of 60 = 42, takes 42 × 22 = 924
- 2Sold at 19: 18 × 19 = 342, so income = 924 + 342 = 1266
- 3Profit = 1266 − 780 = 486
- 4Percentage profit = 486 ÷ 780 × 100 = 62.3
Answer62.3
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