Exam 3: Ratio, Proportion, and Percent
Exam 1: Review of Arithmetic143 Questions
Exam 2: Review of Basic Algebra273 Questions
Exam 3: Ratio, Proportion, and Percent210 Questions
Exam 4: Linear Systems116 Questions
Exam 5: Cost-Volume-Profit Analysis and Break-Even47 Questions
Exam 6: Trade Discounts, Cash Discounts, Markup, and Markdown170 Questions
Exam 7: Simple Interest132 Questions
Exam 8: Simple Interest Applications87 Questions
Exam 9: Compound Interest - Future Value and Present Value172 Questions
Exam 10: Compound Interest - Further Topics77 Questions
Exam 11: Ordinary Simple Annuities104 Questions
Exam 12: Ordinary General Annuities104 Questions
Exam 13: Annuities Due, Deferred Annuities, and Perpetuities182 Questions
Exam 14: Amortization of Loans, Residential Mortgages, and Sinking Funds132 Questions
Exam 15: Bond Valuation87 Questions
Exam 16: Investment Decision Applications78 Questions
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Five-eighths of Jim Bernard's inventory was destroyed by water damage. He sold the remaining part, which was slightly damaged, for one-third of its value and received $5000.
a)What was the value of the destroyed part of the inventory?
b)What was the value of the inventory before the fire?
(Essay)
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A sales representative's orders for January were 83 1/3% less than her December orders, which amounted to $20 000.
a)How much were the sales rep's orders in January?
b)By what amount did her orders decrease?
(Essay)
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A project was tendered in 2009 for US$3.5 million, when the exchange rate was US$1.0315 per $C. It started building in 2010 and the money was borrowed from the Canadian bank when the exchange rate fell to US$0.971 per $C. What is the increase in the amount borrowed?
(Multiple Choice)
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An MP3 player originally advertised at $320.00 is reduced to $279.00 during a sale. By what percent was the price reduced?
(Essay)
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Chris works for Ontario Hydro and his 2012 compensation was $134 532. Using Table 3.3 in the book, compute his federal tax.
(Essay)
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Sales in June increased 16 2/3% over May sales. If June sales amounted to $27 535, what were May sales?
(Essay)
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The price of a 40" HDTV in 2007 was $1600 while the price in 2016 was $370. Compare the two prices to create an index number.
(Essay)
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Using an exchange rate of ¥88.313 per C$, calculate the number of yen that C$900 could be purchased after giving away a commission of 2.5%. Round your answer to nearest yen?
(Multiple Choice)
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A gas tank with a capacity of 245 L can be drained in twenty-five minutes. At the same rate, how many minutes will it take to drain a tank containing 176 L?
(Essay)
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Using the Table 3.2 on page 120 of your text convert 3100 British pounds to Canadian dollars.
(Multiple Choice)
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