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Q1. A certain shop allows cashing of cheques, but requires 3% fee for cashing of cheque and 15% worth of shopping. If the cheque is worth K875, (i)-(iv)-SMarks)
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16 stepsQ1: A certain shop allows cashing of cheques, but requires 5% fee for cashing of cheque and 15% worth of shopping. If the cheque is worth K875,
a) How much is the shopping worth?
Calculate 15% of the cheque value.
The shopping is worth K131.25.
b) How much fee is charged for cashing?
Calculate 5% of the cheque value.
The fee charged for cashing is K43.75.
c) What is the percentage of cash back?
Calculate the total percentage deducted (shopping + fee).
Subtract the total percentage deducted from 100%.
The percentage of cash back is 80%.
d) How much is the cash back?
Calculate the cash back amount by subtracting the shopping worth and cashing fee from the cheque value.
The cash back is .
e) What was the discounted price if 15% shopping was on discount?
Assume "15% shopping" refers to the K131.25 worth of shopping from part a).
Calculate the discounted price if this amount is discounted by 15%.
Rounding to two decimal places.
The discounted price is .Q2: Ben is a craftsman who sells his carvings at the craft market. He sells a carving at discount of 25% that is worth K245, and sells 1 carving in a week.
a) What is the discounted price?
Calculate the discount amount.
Subtract the discount from the original price.
The discounted price is .
Q3: Jeff makes a commission from selling an item worth K5400.00 and his commission rate is 15%. He also earns K5 per hour and works 40 hour in a week at his main job.
a) What is his commission?
Calculate 15% of the item's worth.
His commission is K810.00.
b) What is his pay from main job?
Multiply his hourly rate by the number of hours worked in a week.
His pay from the main job is K200.00.
c) What is his total earnings in a week?
Add his commission and his main job pay.
His total earnings in a week are K1010.00.
d) If he sells 2 items every week, what is his fortnightly pay?
Calculate his weekly commission if he sells 2 items.
Calculate his total weekly earnings with 2 items sold.
Calculate his fortnightly pay (2 weeks of total earnings).
His fortnightly pay is .
Q6: How much would be earn in a week if he sells 10 carvings at 25% discount?
Determine the discounted price of one carving (from Q2a).
Multiply the discounted price by the number of carvings sold.
He would earn in a week.
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