Exam 3: Ratio, Proportion, and Percent

At Upscale Corporation, direct selling expense amounted to $3500 while sales volume was $97 500 for last month. What is the ratio of direct selling expense to sales volume?

12% of what number is 144?

Calculate the cost of a $312.00 suit if the price is increased by 2 %.

A residential property is assessed for tax purposes at 45% of its market value. The residential property tax rate is 3 2/3% of the assessed value and the tax is $1300. a) What is the assessed value of the property? b) What is the market value of the property?

A boat owner listed his sailboat for 125% more than he paid for it. The owner eventually accepted an offer 5 1/2% below his asking price and sold the property for $50 000. How much did the owner pay for the sailboat?

Sales in June increased 16 2/3% over May sales. If June sales amounted to $27 535, what were May sales?

Solve: x : = 1 :

Find the rate percent of the following: base $576; percentage $792

After an increase of 8%, the new amount was $875. What was the original amount?

What is 140 increased by 30%?

The direct labour cost of manufacturing a product is $123.95, direct material cost is $56.20, and overhead is $57.75. a) What is the percent content of each element of cost in the product? b) What is the overhead percent rate based on direct labour?

Jon sold 40 cars in the month of July. His target for August is to sell 10% more cars than he sold in July. How many cars should he sell in August to meet his target.

After a reduction of 66 % of the marked price, an article was sold for $150.00. What was the marked price?

What is the rate percent if the base is 50 and the percentage is 35?

Solve: n : 6 = 24 : 42

The cost of a unit is made up of $120.00 direct material cost, $80.00 direct labour cost, and $20.00 overhead. What is the ratio that exists between the three elements of cost?

Find the unknown term and round to 4 decimal places: 4 : 17 = x : 61

The Bank of Nova Scotia reduced its annual lending rate from 11% to 8.75%. What is the percent reduction in the lending rate?

How much is $25.00 increased by 25%?

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.