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IB Mathematics: Applications and Interpretation SL · 12.2: Finance · 12.2.4

Rounding, bounds and percentage error Problem set B Answers

Skills

    1. (a) 2.72
    2. (b) 0.0047
    3. (c) 72 400
    4. (d) 50.0
    1. (a) 0.0507%
    2. (b) 4.17%
    1. (a) \(6.65 \le x < 6.75\)
    2. (b) \(335 \le x < 345\)
    3. (c) \(0.575 \le x < 0.585\)
    4. (d) \(7950 \le x < 8050\)

In context

  1. (a) \(12.65 \times 7.45 = 94.2425\) m² (b) \(2(12.55 + 7.35) = 39.8\) m

  2. \(\dfrac{595}{58.75} = 10.1\) m/s (smallest distance, largest time)

  3. 6.98%

Stretch

  1. Area between 210.25 and 240.25; used 225. Errors 7.02% and 6.35%, so the maximum is 7.02%.

jmaths.xyz · AI SL · 12.2.4 Rounding and percentage error