A bonus of £2100 is shared by 10 people who work for a company - Edexcel - GCSE Maths - Question 4 - 2018 - Paper 1
Question 4
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=840
This amount is shared between 3 managers. Therefore, each manager gets:
3840=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:
2100−840=1260
This remaining amount is shared equally among 7 salesmen, so each salesman receives:
71260=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:
102100=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:
180210−180×100%=18030×100%=16.67%
Therefore, the salesman is not correct; he would actually receive a 16.67% increase, not 25%.