0580.C1.13.03 — profit and loss (as an amount or a percentage).: past paper questions

Real questions on 0580.c1.13.03 — profit and loss (as an amount or a percentage).

The newest 11 of 11 written questions. Open one to see it on the real paper.

1. 0980/42 · May/June 2024 · Q1c[2]
   (c) A shop buys bottles of the fruit drink for $3.20 each. It sells them at a profit of $15\%$. Calculate the selling price of each bottle of fruit drink.See it on the paper →
2. 0980/11 · October/November 2023 · Q19[3]
   Indira invests $6000atarateof$r\%$ per year simple interest. At the end of 4 years the value of her investment is $6840. Find the value of $r$.See it on the paper →
3. 0980/32 · May/June 2022 · Q1c(i)[2]
   1 Antonio has a shop near the beach. (c) (i) Antonio buys beach balls for $2.50eachandsellsthemfor$4.20 each. Work out the percentage profit he makes on each beach ball.See it on the paper →
4. 0980/32 · May/June 2021 · Q1e[2]
   Alex is building a house. The materials cost $1\frac{1}{2}$ times the cost of the land. The wages cost $1\frac{1}{4}$ times the cost of the land. (e) When Alex sells the house, he makes a profit of $27\%$ on the \142\ 500$. Calculate the selling price of the house.See it on the paper →
5. 0980/12 · May/June 2020 · Q19[2]
   19 Roberto buys a toy for $5.00. He then sells it for $4.60. Calculate his percentage loss.See it on the paper →
6. 0980/22 · May/June 2020 · Q12[2]
   12   Roberto buys a toy for $5.00 . He then sells it for $4.60 . Calculate his percentage loss.See it on the paper →
7. 0980/11 · October/November 2019 · Q15[2]
   15 Paula invests $600atarateof$r\%$ per year simple interest. At the end of 10 years, the total interest earned is $90. Find the value of $r$. $r=$See it on the paper →
8. 0980/31 · October/November 2019 · Q7b[3]
   (b) Each flag costs $15 to make. Soraya sells one flag for $21. Calculate the percentage profit.See it on the paper →
9. 0980/31 · October/November 2019 · Q7c(i)[1]
   (c) Soraya makes 30 flags. 11 flags are pink, 7 are yellow, 5 are blue, 4 are silver and 3 are green. Soraya takes a flag at random. Find the probability that the flag she takes is (i) pink,See it on the paper →
10. 0980/31 · October/November 2019 · Q7c(ii)[1]
    (c) Soraya makes 30 flags. 11 flags are pink, 7 are yellow, 5 are blue, 4 are silver and 3 are green. Soraya takes a flag at random. Find the probability that the flag she takes is (ii) not blue,See it on the paper →
11. 0980/31 · October/November 2019 · Q7c(iii)[1]
    (c) Soraya makes 30 flags. 11 flags are pink, 7 are yellow, 5 are blue, 4 are silver and 3 are green. Soraya takes a flag at random. Find the probability that the flag she takes is (iii) red.See it on the paper →

What examiners said

There were some very good responses to this question. However, some candidates gained a method mark for the first step but then went no further or made errors. Candidates who started by writing 6000 × 4 × r = 840 almost always went on to reach the correct answer. The most common error was to use [100] the final amount, $6840, rather than the interest only, $840, on the right-hand side of the equat...

— Examiner report, October/November 2023, 0980/11 Q19 (Cambridge)

Whilst a good number of candidates answered this question correctly it was evident that many did not appreciate the full method to be used. Common errors of this type included 4.20 – 2.50 = 1.70, 1.7 4.2 = 0.68 as an answer and × 100 = 168 . Common errors using incorrect methods included 2.5 2.5 1.7 2.5 leading to 40.5, and leading to 59.5. 4.2 4.2

— Examiner report, May/June 2022, 0980/32 Q1(c)(i) (Cambridge)

This part was generally answered well with the most successful method being to split the work into the two stages of 142 500 × 0.27, followed by 142 500 + 38 475.The more direct method of 142 500 × 1.27 was rarely seen. Common errors included the use of + 1.27, + 27, 73% or 0.73, and answers of 38 475 or 104 025 (from subtracting rather than adding).

— Examiner report, May/June 2021, 0980/32 Q1(e) (Cambridge)