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Solving Problems - Money 2 (Difficult)
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Q.1
Which one of the following statements is correct?
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If you buy something for £2.50 and sell it for £17.50, you have sold it for 7,000% more than it cost you to buy
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If you buy something for £2.50 and sell it for £17.50, you have sold it for 700% more than it cost you to buy
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If you buy something for £2.50 and sell it for £17.50, you have sold it for 600% more than it cost you to buy
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If you buy something for £2.50 and sell it for £17.50, you have sold it for 500% more than it cost you to buy
Q.2
Which one of the following calculations is correct?
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£2,700 + £330.00 - £11.03 = £3,018.97
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£2,700 + £330.00 - £11.03 = £3,041.03
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£2,700 + £330.00 - £11.03 = £3,108.97
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£2,700 + £330.00 - £11.03 = £3,180.97
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