Exam 3: Ratios and Proportions
Exam 1: Review and Applications of Basic Mathematics369 Questions
Exam 2: Review and Applications of Algebra453 Questions
Exam 3: Ratios and Proportions272 Questions
Exam 4: Mathematics of Merchandising260 Questions
Exam 5: Cost-Volume-Profit Analysis96 Questions
Exam 6: Simple Interest285 Questions
Exam 7: Applications of Simple Interest128 Questions
Exam 8: Compound Interest: Future Value and Present Value282 Questions
Exam 9: Compound Interest: Further Topics and Applications331 Questions
Exam 10: Annuities: Future Value and Present Value232 Questions
Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate235 Questions
Exam 12: Annuities: Special Situations167 Questions
Exam 13: Loan Amortization: Mortgages108 Questions
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Express the following as an equivalent ratio whose smallest term is 1: 7.6: 3
(Short Answer)
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Solve the following proportion for the unknown quantity: d: 13.2 = 16: 31, to two decimal places.
(Short Answer)
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A lottery prize was shared by Andy, Betty, and Chris by the ratio of 15:12:27. If Andy received $ 4,500, how much did Chris get?
(Multiple Choice)
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The price of chalk was $6 per box ten years ago. The price today is $8.75. Construct an index number that represents the price change over the ten years.
(Short Answer)
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Last year the team won 34 games and lost 17. This year they will play a total of 15 more games than they played last year. How many games will they have to win this year to maintain the ratio of wins to losses from last year? (There are no tie games.)
(Multiple Choice)
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Given the proportion 8 : 10 : 7 = x : 110 : z the value of x and z is 88 and 77 respectively.
(True/False)
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The exchange rate between the US$ and the C$ declines from US$0.9993 to US$0.9846 per C$. What will be the change in the C$ price to an importer of a US$2,000 item?
(Short Answer)
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Based on the exchange rates in the above table, how many more British pounds can you obtain with C$2,000 at the Royal Bank than at the airport kiosk? On any currency exchange transaction, Airport Kiosk applies a C$3.50 service charge.
Refer To: 03-02
(Short Answer)
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Express the following as an equivalent ratio whose smallest term is 1: 3.5: 5.4: 8
(Short Answer)
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If Currency R strengthens relative to Currency S, will the exchange rate in terms of units of S per unit of R increase or decrease? Explain.
(Essay)
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Express the following as an equivalent ratio whose smallest term is 1:
(Short Answer)
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Betty and Lois have already invested $12,450 and $16,600 respectively. If Betty invests another $6,000 what amount should Lois contribute to maintain their investments in the same ratio?
(Multiple Choice)
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Calculate each exchange rate in the third column of the following table using the alternative version of the exchange rate given in the second column.

(Short Answer)
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If the price of gold went from U$850 to U$1,400 and the exchange rate goes from $0.9721 per C$ to $0.9823 per C$, then there will be a net gain of C$550.83.
(True/False)
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A punch recipe calls for fruit juice, ginger ale, and vodka to be mixed in the ratio 6: 2.5: 1. How much fruit juice and vodka should be mixed with a 2 litre bottle of ginger ale?
(Short Answer)
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Express the following as an equivalent ratio whose smallest term is 1:
(Short Answer)
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Use the currency exchange rates in Table 3.2 to calculate the equivalent amount of the currency in the second column that is equal to the given amount in the first column.

(Short Answer)
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