A student is buying some gifts for their friends - OCR - GCSE Maths - Question 14 - 2023 - Paper 2
Question 14
A student is buying some gifts for their friends.
The gifts are shown below with the prices.
Key ring £3.50
Badge £2.99
Wallet £7.50
The student has £50 to spend.
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Worked Solution & Example Answer:A student is buying some gifts for their friends - OCR - GCSE Maths - Question 14 - 2023 - Paper 2
Step 1
Work out the maximum number of badges that the student can buy.
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Answer
Calculate the cost of key rings and wallets:
Cost of 1 key ring = £3.50
Cost of 6 key rings = 6imes£3.50=£21.00
Cost of 1 wallet = £7.50
Cost of 2 wallets = 2imes£7.50=£15.00
Total cost = £21.00 + £15.00 = £36.00.
Determine the remaining budget for badges:
Total budget = £50.00
Remaining budget = £50.00 - £36.00 = £14.00.
Calculate the number of badges that can be bought:
Cost of 1 badge = £2.99.
Number of badges = ( \left\lfloor \frac{£14.00}{£2.99} \right\rfloor \approx 4.68 \Rightarrow 4 \ ext{badges}. )
Therefore, the maximum number of badges that can be bought is 4 badges.
Step 2
Work out the amount of money they have left over.
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Answer
Calculate the total cost of the badges bought:
Total cost for 4 badges = 4imes£2.99=£11.96.
Calculate the amount of money left over:
Amount left = £14.00 - £11.96 = £2.04.
Therefore, the amount of money left over is £2.04.