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A shop sells milkshakes in two sizes. The small milkshake is 300 ml and the large milkshake is 2/3 more than the small milkshake. Find the size of the large milkshake.
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5 partsStep-by-step solution
11 stepsPart a· 2 steps
Calculate the loss amount.
Loss is 5% of M40 000.
Calculate the selling price.
Selling price is the original price minus the loss.
The selling price is .
Part b
Use the compound interest formula to find the value after three years.
The formula for compound interest is , where is the final amount, is the principal amount, is the annual interest rate, and is the number of years.
Given , , and years.Calculate the final value.
The price of the land after three years is .
Part c(i)
Calculate the amount by which the large milkshake is bigger.
The large milkshake is more than the small milkshake.
Find the size of the large milkshake.
The size of the large milkshake is .
Part c(ii)3:5
Express the ratio of the small milkshake to the large milkshake.
Small milkshake : Large milkshake = 300 ml : 500 ml
Simplify the ratio.
Divide both sides by 100.
The ratio in its simplest form is .
Part d15
Calculate the total simple interest earned.
The formula for simple interest is , where is the interest, is the final amount, and is the principal.
Given and .Use the simple interest formula to find the rate .
The formula for simple interest is , where is the principal, is the rate, and is the time in years.
Given , , and years.Solve for .
The value of is .
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