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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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Q1: 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?

  1. Calculate 15% of the cheque value.

    Shopping worth=15%×K875=15100×875=K131.25\text{Shopping worth} = 15\% \times \text{K}875 = \frac{15}{100} \times 875 = \text{K}131.25

    The shopping is worth K131.25.

    b) How much fee is charged for cashing?

  2. Calculate 5% of the cheque value.

    Cashing fee=5%×K875=5100×875=K43.75\text{Cashing fee} = 5\% \times \text{K}875 = \frac{5}{100} \times 875 = \text{K}43.75

    The fee charged for cashing is K43.75.

    c) What is the percentage of cash back?

  3. Calculate the total percentage deducted (shopping + fee).

    Total percentage deducted=15%+5%=20%\text{Total percentage deducted} = 15\% + 5\% = 20\%
  4. Subtract the total percentage deducted from 100%.

    Percentage of cash back=100%−20%=80%\text{Percentage of cash back} = 100\% - 20\% = 80\%

    The percentage of cash back is 80%.

    d) How much is the cash back?

  5. Calculate the cash back amount by subtracting the shopping worth and cashing fee from the cheque value.

    Cash back amount=K875−K131.25−K43.75=K700.00\text{Cash back amount} = \text{K}875 - \text{K}131.25 - \text{K}43.75 = \text{K}700.00

    The cash back is K700.00\boxed{\text{K}700.00}.

    e) What was the discounted price if 15% shopping was on discount?

  6. 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%.

    Discounted price=K131.25×(1−0.15)=K131.25×0.85=K111.5625\text{Discounted price} = \text{K}131.25 \times (1 - 0.15) = \text{K}131.25 \times 0.85 = \text{K}111.5625

    Rounding to two decimal places.
    The discounted price is K111.56\boxed{\text{K}111.56}.

    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?

  7. Calculate the discount amount.

    Discount amount=25%×K245=25100×245=K61.25\text{Discount amount} = 25\% \times \text{K}245 = \frac{25}{100} \times 245 = \text{K}61.25
  8. Subtract the discount from the original price.

    Discounted price=K245−K61.25=K183.75\text{Discounted price} = \text{K}245 - \text{K}61.25 = \text{K}183.75

    The discounted price is K183.75\boxed{\text{K}183.75}.

    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?

  9. Calculate 15% of the item's worth.

    Commission=15%×K5400=15100×5400=K810.00\text{Commission} = 15\% \times \text{K}5400 = \frac{15}{100} \times 5400 = \text{K}810.00

    His commission is K810.00.

    b) What is his pay from main job?

  10. Multiply his hourly rate by the number of hours worked in a week.

    Main job pay=K5/hour×40 hours=K200.00\text{Main job pay} = \text{K}5/\text{hour} \times 40 \text{ hours} = \text{K}200.00

    His pay from the main job is K200.00.

    c) What is his total earnings in a week?

  11. Add his commission and his main job pay.

    Total weekly earnings=Commission+Main job pay=K810.00+K200.00=K1010.00\text{Total weekly earnings} = \text{Commission} + \text{Main job pay} = \text{K}810.00 + \text{K}200.00 = \text{K}1010.00

    His total earnings in a week are K1010.00.

    d) If he sells 2 items every week, what is his fortnightly pay?

  12. Calculate his weekly commission if he sells 2 items.

    Weekly commission (2 items)=2×K810.00=K1620.00\text{Weekly commission (2 items)} = 2 \times \text{K}810.00 = \text{K}1620.00
  13. Calculate his total weekly earnings with 2 items sold.

    Total weekly earnings (2 items)=K1620.00+K200.00=K1820.00\text{Total weekly earnings (2 items)} = \text{K}1620.00 + \text{K}200.00 = \text{K}1820.00
  14. Calculate his fortnightly pay (2 weeks of total earnings).

    Fortnightly pay=2×K1820.00=K3640.00\text{Fortnightly pay} = 2 \times \text{K}1820.00 = \text{K}3640.00

    His fortnightly pay is K3640.00\boxed{\text{K}3640.00}.

    Q6: How much would be earn in a week if he sells 10 carvings at 25% discount?

  15. Determine the discounted price of one carving (from Q2a).

    Discounted price per carving=K183.75\text{Discounted price per carving} = \text{K}183.75
  16. Multiply the discounted price by the number of carvings sold.

    Weekly earnings=10×K183.75=K1837.50\text{Weekly earnings} = 10 \times \text{K}183.75 = \text{K}1837.50

    He would earn K1837.50\boxed{\text{K}1837.50} in a week.

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