Profit, Loss and Percentages

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Lois Rollings

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Lois Rollings 8 years, 3 months ago

Created this as a copy of Q 4 Profit, Loss and Percentages.

Name	Status	Author	Last Modified
Q 4 Profit, Loss and Percentages	draft	TEAME CIT	07/10/2016 10:19
Q7 Profit and Loss	Ready to use	TEAME CIT	11/10/2016 17:22
Exam version Q 4	draft	Julie Crowley	28/09/2016 22:51
Profit, Loss and Percentages	draft	Lois Rollings	07/12/2016 15:33
Simon's copy of Q 4 Profit, Loss and Percentages	draft	Simon Thomas	25/02/2019 09:33
Simon's copy of Q7 Profit and Loss	draft	Simon Thomas	25/02/2019 09:34
Profit, Loss and Percentages	draft	David Goulding	07/06/2019 22:58
Profit, Loss - Selling	draft	David Goulding	07/06/2019 22:59

There are 11 other versions that do you not have access to.

Question statement

The cost price of an item was £{dpformat(a,2)}. To the nearest penny, what was the selling price if the item was:

Give any introductory information the student needs.

			Name	Type	Generated Value

a	number	119
profit	integer	21
loss	integer	7
ansone	number	143.99
aprofit	integer	121
aloss	integer	93
anstwo	number	110.67
aprofitdec	rational	121/100
alossdec	rational	93/100

Automatically regenerate variables?

Name

Data type

Value

xxxxxxxxxx
 
random(40..150#0.5)

JME function reference

Description

Describe what this variable represents, and list any assumptions made about its value.

Can an exam override the value of this variable?

Generated value: `number`

119

This variable doesn't seem to be used anywhere.

Parts

Part a) Gap-fill
1. Gap Number entry
  Add
Part b) Gap-fill
1. Gap Number entry
  Add

Gap-fill

Ask the student a question, and give any hints about how they should answer this part.

Sold at a profit of $\var{profit}$ %?

£Unnamed gap

Advice

Part a:

If the item is sold at a profit of $\var{profit}$ %, then the selling price will be $\var{aprofit}$ % of the cost price.

So we need to calculate $\var{a} \times \var{aprofitdec} = \var{ansone}$

Part 2 :

If the item is sold at a loss of $\var{loss}$ %, then the selling price will be $\var{aloss}$ % of the cost price.

So we need to calculate $\var{a} \times \var{alossdec}= \var{anstwo}$

Give a worked solution to the whole question.

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Part	Test	Passed?
Gap-fill
Gap-fill		Hasn't run yet
Number entry
Number entry		Hasn't run yet
Gap-fill
Gap-fill		Hasn't run yet
Number entry
Number entry		Hasn't run yet

This question is used in the following exams:

Numeracy Test Practice by Lois Rollings in Numeracy Questions.
Percentages by Katie Bullen in Katie's workspace.
Mixed Percentages by Kwame D Dwamena in Kwame D's workspace.

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Metadata

Taxonomy: mathcentre

Taxonomy: Kind of activity

Taxonomy: Context

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Checkpoint description

Lois Rollings 8 years, 3 months ago

Error in variable testing condition

Error

Warning

Generated value: `number`

Parts

Gap-fill

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Profit, Loss and Percentages

Metadata

Taxonomy: mathcentre

Taxonomy: Kind of activity

Taxonomy: Context

Contributors

History

Comment

Checkpoint description

Lois Rollings 8 years, 3 months ago

Error in variable testing condition

Error

Warning

Generated value: number

Parts

Gap-fill

Generated value: `number`