Exam 3: Ratio, Proportion, and Percent

Royal Collection Agency retains a collection fee of 20% of any amounts collected. How much did the agency collect on a bad debt if the agency forwarded $2520 to a client?

$49.10 is what percent more than $18.32 (round to nearest integer)?

Chris works for Ontario Hydro and his 2012 compensation was $134 532. Using Table 3.3 in the book, compute his federal tax.

Departments A, B, and C occupy floor space of 310, 120 and 475 square meters respectively. If the total rental for the space is $38 225.00 per month, how much rent should be paid by Department B?

A clothing company has found that, based on past experience, $17.50 must be spent on labour costs for every $13.25 spent on materials. If a budget of the year 2005 is set at $231 875.00 for materials, calculate the amount that must be budgeted for labour.

The cost of a unit is made up of $7.25 direct material cost, $4.75 direct labour cost, and $3.50 overhead. What is the ratio that exists between the three elements of cost?

SDM sells eggs at $2.80/dozen. How many eggs can be bought for $2.10?

Sleep Country advertises to beat the lower price of the competitor by 5% on similar mattress. Leon's recently slashed its prices on Sealy Posturepedic Proback Titanium mattresses by 20%. If the original sale price of this mattress was $1460, at what price would the customer get that mattress at Sleep Country?

Four beneficiaries are to divide an estate of $500 000 in the ratio . How much should each receive?

Calculate the cost of a $11 000.00 machine after a decrease of 5% in price.

If one Canadian dollar is equivalent to $0.9749 U.S., how much do you need in Canadian funds to buy $850.00 U.S.?

A law firm has 3 partners. The first partner owns of the business, the second partner owns of the business and the third partner owns of the business. The business is worth $1.5 million. A new partner is introduced who contributes an additional $300,000 and owns of the total value of the new business. What are the new values for the first to the third original partners?

In a local school, 450 of the students are male, which makes up 62 % of the entire school population. How many students go to this school?

Lakeridge Health Oshawa is a 423 beds hospital with 463 doctors and 4058 staff comprised of nurses and technologists. It is planning to open another 35-bed wing. Assuming the same proportionate staffing levels, how many more doctors will need to be hired?

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A property owner listed his property for 172% more than he paid for it. The owner eventually accepted an offer 11 1/2% below his asking price and sold the property for $201 100. How much did the owner pay for the property?

Arlene is getting her house renovated, and total cost is estimated to be around $23 000. However, due to unforeseen issues, the total cost of the renovation increased to $37 260. What percent increase did the total cost receive?

A discount brokerage house charges a fee of 2 3/4%. If its fee on a stock purchase was $757, what was the amount of the purchase?

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?

Asif is travelling to New York from Toronto to purchase a laptop that is only available in America. The laptop is being sold for $799 in US dollars. Calculate the price of the laptop in Canadian dollars if one American dollar is worth 1.29 Canadian dollars.