Worked example for question 1.6 of working effectively sample assessment 1 on the AAT website

Hello everyone,

Does anyone have a worked example for question 1.6 of sample assessment 1 which is on the AAT website as I've had a look at this and it doesn't make a lot of sense.

The assessment in question is here: http://www.aat-interactive.org.uk/elearning/Sample_assessments_AQ2013/AQ2013_WKAF_sample1/index.html.

Many thanks.

Comments

  • PmcintoshPmcintosh Posts: 3Registered
    I wish i could help, but i can't see the question properly when i try to open a the link. I'm actually new to this site and have a question that i need help with, but i don't know to post it on here. In the meantime i'm going to use this comment box.
    Can anyone help with me this question

    Topic: AAT Level 2 - Working Effectively in Accounting and Finance

    Below are the sales figures for the first 6 months of Bradley Wiggins Limited (round answers to 2 decimal places)

    Month Sales - (pounds)
    Month 1 456,123
    Month 2 459, 578
    Month 3 461,591
    Month 4 465,837
    Month 5 468,149
    Month 6 472,298

    a) What are the total sales for the first 3 months? 137,7592
    b) What is the percentage increase from month 1 to month 2? 0.76%
    c) What will month 7 sales be if they are 5% higher than month 6? i need help on this
    d) How much higher in (pounds) are month 4 sales than month 2? again i need help

    PLEASE HELP
  • shannonr1990shannonr1990 Posts: 36Registered
    a) is this not £137,7292? not £137,7592? - all three months added together
    b) 0.76%
    c) £495,912.90- you do 5% (472,298 x 5%) of the month 6 total which is £23,614.90 then add the £23,614.90 to month 6 total should be £495,912.90
    d) £6,259.00- you just take month 4 away from month 2 to get the difference.
Sign In or Register to comment.