Bece Model Questions Vol1 2018 Mathematics Question 5

Practice essay / theory question 5 from the 2018 Bece Model Questions Vol1 Mathematics examination. This question covers Percentages .

Bece Model Questions Vol1 2018 Mathematics Essay / Theory
Topic: Percentages
Question 5 BECE_MODEL_QUESTIONS_VOL1 • 2018 • MATHEMATICS • essay

A shop bought 120 metres of fabric at a cost of ₦450 per metre. The fabric was sold in two batches. The first batch of 45 metres was sold at a 20 % profit on its cost price. The remaining fabric was sold at a 15 % loss on its cost price. After the sales the shop had to pay a flat tax of ₦5,000 on the profit earned from the first batch.

Question Parts

( a )
Calculate the total revenue obtained from the first batch.
( b )
Determine the overall profit or loss on the whole transaction after accounting for the tax.
( c )
State the overall percentage gain or loss on the whole transaction (including tax), correct to one decimal place.

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About This Question

This is Bece Model Questions Vol1 2018 Mathematics Question 5. It is one of the essay questions from the 2018 Bece Model Questions Vol1 Mathematics examination.

The question covers Percentages .

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