Exam 3: Ratio, Proportion, and Percent
Exam 1: Review of Arithmetic144 Questions
Exam 2: Review of Basic Algebra274 Questions
Exam 3: Ratio, Proportion, and Percent210 Questions
Exam 4: Linear Systems94 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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What is 870 decreased by 21%?
Free
(Essay)
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(78)
Correct Answer:
x = 870 - 21% of 870
= 870 - 0.21 ∗ 870
= 870 - 182.70
= 687.3
Gross profit for March was three-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $14200.
a) What was the gross profit for March?
b) What were net sales for March?
Free
(Essay)
4.8/5
(82)
Correct Answer:
a) Net income =
of gross profit
G = 14200
= $49700
b) Gross profit =
of net sales
N = 49700
= $82833.33

Alanna Morrisette's hourly rate of pay was increased from $19.00 to $22.54. What was the percent raise?
(Essay)
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Zara sells $4,000 worth of goods in a month and earns $280 in commission. What is her commission rate?
(Short Answer)
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Zhang confronted the teacher about marking his exam wrong. After going through it, his teacher bumped his mark up by 25% to an 81/84. What was his original mark?
(Essay)
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Set up a ratio and reduce to lowest terms: $102 per half a dozen
(Short Answer)
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Departments, A, B, and C occupy floor space of 60 m,90 m, and 300 m, respectively. If the total rental for the space is $125 200 per month, how much rent should Department C pay?
(Essay)
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After a reduction of 16 2/3% of the marked price, a pair of boots sold for $60.00. What was the marked price?
(Essay)
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Set up a ratio to represent the following:
one-half of an hour to 18 minutes
(Short Answer)
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Use the income tax table (Table 3.3 on page 125 of your text) to calculate. What is your federal tax payable if you had taxable income of $134 763?
(Multiple Choice)
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After real estate fees of 7.5% had been deducted from the proceeds of a property sale, the vendor of the property received $188 090. What was the amount of the realtor's fee?
(Essay)
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Students, A, B, and C occupy floor space of 50 m, 70 m, and 80 m, respectively. If the total rental for the space is $1000 per month, how much rent should student A pay?
(Essay)
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Asia started working as a professional engineer in 2002 earning $64 500 per annum. In 2013, she is earning $88 100 per annum. The CPI in 2013 is 131 based on year 2002. What is the actual increase in Asia's pay in terms of 2002 dollars?
(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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The Canada Pension Plan premium deducted from an employee's wages was $131.59. If the premium rate is 2.925% of gross wages, how much were the employee's gross wages?
(Essay)
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