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A bonus of £2100 is shared by 10 people who work for a company - Edexcel - GCSE Maths - Question 4 - 2018 - Paper 1

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A bonus of £2100 is shared by 10 people who work for a company. 40% of the bonus is shared equally between 3 managers. The rest of the bonus is shared equally betwee... show full transcript

Worked Solution & Example Answer:A bonus of £2100 is shared by 10 people who work for a company - Edexcel - GCSE Maths - Question 4 - 2018 - Paper 1

Step 1

Calculate the total bonus shared with managers

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Answer

First, we calculate 40% of the total bonus:

0.4×2100=8400.4 \times 2100 = 840

This amount is shared between 3 managers. Therefore, each manager gets:

8403=280\frac{840}{3} = 280

Step 2

Calculate the remaining bonus for salesmen

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Answer

The remaining bonus is calculated by subtracting the amount shared with managers from the total bonus:

2100840=12602100 - 840 = 1260

This remaining amount is shared equally among 7 salesmen, so each salesman receives:

12607=180\frac{1260}{7} = 180

Step 3

Calculate the amount if the bonus were shared equally among all 10 people

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Answer

If the total bonus were to be shared equally among all 10 people, each person would receive:

210010=210\frac{2100}{10} = 210

Step 4

Compare the amounts

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Answer

To check if the salesman is correct, we compare the amounts:

  • The current amount for each salesman is £180.
  • If the bonus were shared equally among all 10 people, each would get £210.

To find the increase in proportion, we calculate:

210180180×100%=30180×100%=16.67%\frac{210 - 180}{180} \times 100\% = \frac{30}{180} \times 100\% = 16.67\%

Therefore, the salesman is not correct; he would actually receive a 16.67% increase, not 25%.

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