Question 1
Gary buys furniture and sells it in a shop.
In the shop on Monday, Gary has tables and chairs such that
number of tables: number of chairs = 2: 7
Gary has 42 chairs in the shop on Monday.
Calculate the number of tables Gary has in the shop on Monday.
(2)
Gary buys a table for $240 and sells it for $276
Calculate the percentage profit from the sale of the table.
(2)
Gary buys some chairs and sells them for $513
Gary’s percentage profit from the sale of the chairs is 35%
Calculate the price at which Gary bought the chairs.
(2)
The cost of a table that Gary buys is $732
An identical table costs 684 euros in France.
Using the exchange rate $1 = 0.95 euros
find the difference in the costs of the tables.
State whether your answer is in euros or $.
(3)