Simon's copy of Q7 Profit and Loss

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Simon Thomas 6 years ago

Created this as a copy of Q7 Profit and Loss.

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 selling price of two items was £ $\var{dpformat(a,2)}$ each. To the nearest penny, what was the cost price of each if:

Give any introductory information the student needs.

			Name	Type	Generated Value

a	number	93.77
profit	integer	23
loss	integer	17
ansone	number	76.2357723577
aprofit	integer	123
aloss	integer	83
anstwo	number	112.9759036145

Automatically regenerate variables?

Name

Data type

Value

xxxxxxxxxx
 
random(40..150#0.01)

JME function reference

Description

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

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Generated value: `number`

93.77

This variable doesn't seem to be used anywhere.

Parts

Part a) Gap-fill
1. Gap Number entry
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1. Step Information only
Part b) Gap-fill
1. Gap Number entry
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1. Step Information only

Gap-fill

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

There had been a profit of $\var{profit}$ % on the first item?

£Unnamed gap

Advice

Cost price = 100%

(a)

If sold at a profit of $\var{profit}$ %, then

Selling price = $\var{aprofit}$ %

Cost price = $\frac{\var{a}}{\var{aprofit}} \times 100 = £\var{ansone}$

Then round this to two deicmal places.

(b)

If sold at a loss of $\var{loss}$ %, then

Selling price = $\var{aloss}$ %

Cost price = $\frac{\var{a}}{\var{aloss}} \times100 = £\var{anstwo}$

Then round this to two decimal places.

Give a worked solution to the whole question.

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

This question is used in the following exam:

Percentages by Simon Thomas in Maths support.

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Metadata

Taxonomy: mathcentre

Taxonomy: Kind of activity

Taxonomy: Context

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Checkpoint description

Simon Thomas 6 years ago

Error in variable testing condition

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Generated value: `number`

Parts

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Simon's copy of Q7 Profit and Loss

Metadata

Taxonomy: mathcentre

Taxonomy: Kind of activity

Taxonomy: Context

Contributors

History

Comment

Checkpoint description

Simon Thomas 6 years ago

Error in variable testing condition

Error

Warning

Generated value: number

Parts

Gap-fill

Generated value: `number`