SECTION C: PERCENTAGE OF AN AMOUNT

Price comparison

Some people travel to the USA to buy Christmas presents because prices of many items are much cheaper in the USA than in the UK.

The table below shows comparative prices for some items on sale in London, New York and Boston. Prices in Boston are usually less than in New York because sales tax in Boston is lower than in New York, and Boston does not add sales tax on any item of clothing which costs less than $175 (about £110). Since Boston is closer to the UK than New York, it is usual for the price of a flight to Boston to be less than the price of a flight to New York.

Travellers are allowed to bring items to the total cost of £390 into the UK without being charged any import duty or VAT.

Complete the spreadsheet below.

ACCURACY: Round monetary values to the nearest penny and percentages to the nearest integer.

  Price in Difference in price between London and Boston Saving as a percentage of the Boston price
Item London New York Boston
Apple iPod Nano£115.00£89.91£87.74£%
Elizabeth Arden 8 hour cream£25.00£11.85£11.56£%
Women's 'Roxanne' skinny jeans£160.00£110.82£101.79£%
Sesame Street Let's Rock Elmo£85.00£48.78£40.13£%

The prices were correct in November 2011.