46 (a) (i) Jasmine earns $12.50 for each hour she works.

She works for 38 hours each week.

She is given a pay increase of 6%.

Calculate the total amount Jasmine earns each week after the pay increase.

Answer $ ......................................... [3]

(ii) Abdul earns $525 each week.

He moves to a new job where he earns $462 each week.

Calculate the percentage reduction in his earnings in his new job.

Answer ...................................... % [2]

(iii) Maria is given a pay increase of 3%.

After the pay increase, she earns $2472 each month.

Calculate her monthly pay before the pay increase.

Answer $ ........................................ [2]

(b) The exchange rate between dollars ($) and pounds (£) is $1 = £0.65 .
The exchange rate between euros (€) and pounds is €1 = £0.74 .

Dan changes €520 into pounds.

He spends £260 and then changes the rest into dollars.

Work out how many dollars he receives.

Answer $ ........................................ [3]

© UCLES 2017 4024/21/O/N/17

47 (a) Sara buys a new car.

The cash price of the car is $4500.
She can pay for the car using option A or option B.

Option A Option B

Pay 1 of the cash price Pay 12% of the cash price

5
then then
12 monthly payments of $340 24 monthly payments of $195

Which option is cheaper and by how much?

Answer Option .......... is cheaper by $ ................. [4]

(b) Sara’s car uses 5.2 litres of petrol for each 100 km she drives.
Petrol costs $0.85 per litre.
Sara drives 240 km.
Calculate the cost of the petrol used for this journey.
Give your answer correct to the nearest cent.

Answer $ ......................................... [3]

 (c) Sara pays a total of $322 for her car insurance.
This total is made up of a basic charge plus 15% sales tax.

Calculate the amount of sales tax that Sara pays.

Answer $ ......................................... [3]

© UCLES 2017 4024/22/O/N/17

48 (a) Sami invests $2000 in an account paying compound interest at a rate of 1.8% per year.

Calculate the total interest paid to Sami after 3 years.

Answer $ ....................................... [3]

(b) Theresa takes out a loan.

She repays the loan over one year at a rate of $54 per month.
The total she repays is 8% greater than the value of the original loan.

Work out the value of the original loan.

Answer $ ....................................... [3]

© UCLES 2018 4024/21/M/J/18
49 (a) Each week Leah works 5 days and is paid a total of $682.
Each day she works from 08 45 until 12 15 and then from 13 15 until 17 30.

Calculate Leah’s hourly rate of pay.

Answer $ ......................................... [2]

(b) Carlos buys a new bicycle.

After one year he sells it for $231.
He makes a loss of 16% on the price he paid.

Calculate the price Carlos paid for the bicycle.

Answer $ ......................................... [2]

(c) The exchange rate between dollars ($) and euros (€) is $1 = €0.44 .
Henry changes $850 to euros for his holiday.

He spends €260 when he is on holiday.

He changes the rest of the money back to dollars at the same exchange rate.

Calculate how much money in dollars he receives.

Give your answer correct to the nearest dollar.

Answer $ ......................................... [3]

(d) Anya has $3000 to invest in a savings account for 3 years.
She can choose from these two accounts.

Account A

Year 1 1.1% interest

Year 2 1.2% interest added to end of Year 1 total
Year 3 1.4% interest added to end of Year 2 total

Account B

Fixed rate of compound interest

1.3% per year

She chooses the account that will give her more money at the end of the 3 years.

Decide which account she chooses and find the amount she will have in her account
at the end of 3 years.

Answer Account .............................

$ ......................................... [4]
© UCLES 2018 4024/22/M/J/18
50 Dina owns a clothes shop.

(a) Maryam works in the shop.

She works for 5 days each week from 10 am until 6.30 pm.
She has a break of 45 minutes each day.
She is paid $10.20 for each hour she works but she is not paid for her breaks.

Work out how much Maryam earns for one week’s work.

Answer $ ........................................... [3]

(b) Dina buys 25 dresses from a manufacturer.

She pays a total of $400 for these dresses.
She sells all the dresses for $19.80 each.

Calculate her percentage profit.

Answer ...................................... % [2]

(c) Dina sells a shirt for $15.66 .

The price includes 8% sales tax.

Calculate the cost of the shirt excluding sales tax.

Answer $ ........................................... [2]

(d) Dina is saving to make improvements to her shop.

She invests $3500 for 4 years at 1.7% per year compound interest.

Calculate the value of Dina’s investment after 4 years.

Give your answer correct to the nearest cent.

Answer $ ........................................... [3]

© UCLES 2018 4024/21/O/N/18
51 (a) Kamal earned a total of $32 500 in 2017.
He paid 9% of this amount into his pension.
He paid 22% tax on the remainder of his earnings.

Calculate the amount left after paying his pension and his tax.

Answer $ ........................................... [3]

(b) Kamal invested $1200 in a savings account paying 1.8% per year compound interest.
He left the money in the account for 5 years.

Calculate the amount of money in the account at the end of 5 years.

Give your answer correct to the nearest cent.

Answer $ ........................................... [3]

(c) Kamal also invested some money in a different savings account for 5 years.
This account paid 2.1% per year simple interest.
At the end of 5 years there was $828.75 in the account.

Calculate the amount of money he invested in this account.

Answer $ ........................................... [3]

(d) The exchange rate between dollars ($) and pounds (£) is $1 = £0.72 .
The exchange rate between dollars and euros (€) is $1 = €1.10 .

Kamal has $275.

He changes part of the $275 into pounds and receives £79.20 .
He changes the remaining dollars into euros.

Calculate the amount of money he receives in euros.

Answer € ........................................... [3]

© UCLES 2018 4024/22/O/N/18
52 In 2017, Lauren had a monthly income of $1800.

(a) How much was her total income in 2017?

$ ................................................... [1]

(b) From her monthly income of $1800, Lauren paid the following.

Rent $500
Bills $250
Food $120
Travel $240
Clothes $ 70

(i) Each month, Lauren saved the rest of her income.

What percentage of the $1800 did she save?

................................................ % [3]

(ii) Lauren’s monthly rent was increased by 3.6%.

Calculate the new monthly rent.

$ ................................................... [2]

(c) In 2017, Lauren’s monthly income of $1800 was 25% less than her monthly income in 2016.

Calculate her monthly income in 2016.

$ ................................................... [2]
© UCLES 2019 4024/21/M/J/19
53 The table below shows the cost to visit a zoo.

Adult $26.00

Child (Age 5 to 16) $15.50

Child (Under 5) Free

(a) On 30th April, Mr and Mrs Ferugio and their three children aged 12, 8 and 3 visit the zoo.

What is the total cost for the family?

$ ................................................... [1]

(b) In May, the cost for a child is not changed.

The cost for an adult is reduced by p % to $22.10.

(i) Calculate p.

p = ................................................... [2]

(ii) In May, the Ferugio family visit the zoo again.

Calculate the percentage reduction in the total cost from April to May.

................................................ % [3]
(c) The Ferugio family arrived at the zoo at 10.50 am.
They stayed at the zoo until 4.25 pm.

(i) How long, in hours and minutes, did they spend at the zoo?

............... hours ............... minutes [1]

(ii) The zoo holds daily shows about different animals.

Daily Show Time

Giraffe 10.00 am

Rhino 11.30 am

Hippo 12.30 pm

Tiger 1.45 pm

Lemur 3.00 pm

Crocodile 4.30 pm

The Ferugio family go to as many shows as they can during their visit.
Each show lasts 35 minutes.

How many minutes do they spend at these shows?

....................................... minutes [2]

© UCLES 2019 4024/22/M/J/19
54 Neema travels on a business trip.

(a) The total cost of her flight is $406 including tax.

The cost of the flight excluding tax is $350.

Calculate the tax as a percentage of $350.

................................................ % [2]

(b) Neema takes a suitcase with mass 15.5 kg, correct to the nearest 0.5 kg.
She also takes 6 packets each with mass 1.2 kg, correct to the nearest 0.1 kg.
She has a luggage limit of exactly 23 kg for the flight.

Can Neema be certain that the mass of her luggage is below the limit?
Show how you decide.

............................................................................................................................................................

............................................................................................................................................................ [2]

(c) Neema changes $245 to euros (€) for the trip.

The exchange rate is $1 = €0.73.

On the trip she spends €124.

When she returns, she changes the remaining euros back to dollars at a rate of $1 = €0.76 .

Calculate the amount of money she receives.

Give your answer correct to the nearest dollar.

$ ................................................... [3]
(d) On her next trip, Neema hires a car.
She drives a total of 657 km in the car.
The car uses fuel at a rate of 4.3 litres per 100 km driven.
Neema pays $1.29 per litre of fuel.

Calculate the amount she spends on fuel during the trip.

$ ................................................... [3]

(e) Neema stays in a hotel for 7 nights.

This is her hotel bill.

Item Cost

7 nights at $.................. per night $805

4 dinners at $.................. each $..................

Total before tax $..................

Total including tax at 6.5% $996.84

Complete the missing values in the hotel bill. [4]

© UCLES 2019 4024/21/O/N/19
55 Tanya owns a small business.

(a) Tanya has 4 employees.

3
Every week, the employees each work for 7 hours each day for 5 days.
4
Each employee is paid $15.20 per hour.

Calculate the total amount Tanya pays her 4 employees in one week.

$ ................................................... [2]

(b) The business made a profit of $25 700 in 2017 compared with $22 102 in 2018.

Calculate the percentage decrease in profit from 2017 to 2018.

................................................ % [2]

(c) Tanya must add 8% sales tax to the initial cost of a job.
She then adds 15% to the cost, including sales tax, to find the amount to charge a client.
Tanya charges one client a total of $465.75 for a job.

Calculate the initial cost of this job.

$ ................................................... [3]

(d) Tanya invests $8500 in an account paying 3.1% per year compound interest.
At the end of 5 years she takes $9300 from the account to buy new equipment for the business.

Calculate how much money is left in the account after buying the new equipment.

$ ................................................... [3]
© UCLES 2019 4024/22/O/N/19
56 Anton invests $6000 in an account for 5 years.
The account has a compound interest rate of 2.5% per year.
At the end of 5 years, he spends $4200 of this money on a family holiday to Malaysia.

(a) How much money is left in the account?

$ ................................................ [3]

(b) Anton changes $800 into Malaysian Ringgits (MYR) for his trip.
The exchange rate is $1 = 3.16 MYR.
He spends 2250 MYR and then changes the remaining money back into dollars ($).
The exchange rate on his return is $1 = 3.27 MYR.

How many dollars does he receive on his return?

Give your answer correct to the nearest dollar.

$ ................................................ [3]
(c) Anton invests $1500 in another account.
The account has a compound interest rate of p% per year.
At the end of 3 years, there is $1598.85 in the account.

Calculate p.
Give your answer correct to 2 decimal places.

p = ................................................ [3]
© UCLES 2020 4024/21/M/J/20
57 A company makes and packages chocolate bars.

7.5 cm
x cm
14 cm

6 cm

This box contains a chocolate bar.

The box is in the shape of a triangular prism.

(a) Show that x = 4.5 .

[2]

(b) These boxes are packed into cartons.

Each carton is a cuboid with internal dimensions 30 cm by 28 cm by h cm.
80 boxes fill one carton exactly.

(i) Calculate the value of h.

h = ................................................ [3]

(ii) One day, the company packs 37 500 of these boxes into cartons.

How many complete cartons are packed that day?

................................................. [2]
(c) The company sells the chocolate bars to shops for $0.70 each bar.

(i) The company makes 40% profit on each bar it sells.

Work out the cost to the company of producing each bar.

$ ................................................ [2]

(ii) A shop buys one carton of chocolate bars.

• They sell 35 of the bars at a profit of 30% .

• They sell each of the remaining bars at $0.84 .

Calculate the overall percentage profit made by the shop from selling all 80 bars.

............................................. % [5]
© UCLES 2020 4024/21/M/J/20
58 (a) Stefan had an annual income of $21 500 in 2018.
His annual income increased to $22 790 in 2019.

Calculate the percentage increase.

............................................. % [2]

(b) Stefan invests $1260 in a bank.

The bank pays simple interest at a rate of 2.5% per year.

Calculate the amount Stefan has in the bank at the end of 3 years.

$ ................................................ [2]

(c) Stefan changes 4300 Indian Rupees (INR) into dollars ($).
The exchange rate is $1 = 67.8 INR.

Work out how much he receives.

Give your answer correct to the nearest dollar.

$ ................................................ [2]
© UCLES 2020 4024/22/M/J/20