Question 1

The Canada Pension Plan premium deducted from an Peter's wages was $650.25.If the premium rate is 2.925% of gross wages,how much were Peter's gross wages?

Accepted Answer

Let gross wages be $x. 2.925% of x = 650.25

Question 2

$275 is 87 1/2% of what amount?

Accepted Answer

275 = 87   % of x   x = 275 x = 275 ∗   x = $314.29

Question 3

Sean,Paul and Wallis decide to buy a property,agreeing to share profit in a ratio of   :   :   ,which is in the same ratio as they spent on the property.If they end up making $20 000.00,calculate how much each should receive from the sale of the property.

Accepted Answer

Convert into fractions with the same denominators   :   :   =   :   :   the ratio is 20 : 15 : 12 total number of parts = 20 + 15 + 12 = 47 the value of each part is 20 000 ÷ 47 = 425.53 Sean's share = 425.53 × 20 = $8510.64 Paul's share = 425.53 × 15 = $6382.98 Wallis's share = 425.53 × 12 = $5106.38

Question 4

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.

Accepted Answer

A) 44 
B) 36 
C) 45 
D) 35 
E) 40 
A) 44 
B) 36 
C) 45 
D) 35 
E) 40

Question 5

225% of what amount is $310?

Accepted Answer

The answer of 225% of what amount is $310?...

Question 6

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?

Accepted Answer

The answer of At Upscale Corporation,direct selling expense amounted to...

Question 7

You sell your house at 95.7% of the list price.What was the amount of sales commission if the commission percentage is 3.75% and the list price of the house was $182 500?

Accepted Answer

A) $6449.47 
B) $6449.74 
C) $6149.47 
D) $6149.74 
E) $6549.47 
A) $6449.47 
B) $6449.74 
C) $6149.47 
D) $6149.74 
E) $6549.47

Question 8

A wholesale outlet is offered a discount of 2   % for payment in cash of an invoice of $950.If it accepted the offer,how much was the cash payment?

Accepted Answer

Let the cash payment

Question 9

Murtaza started working for AECL in 2001.His pay in 2002 was $64 464.His compensation in 2012 was $128 928 (which is double the compensation he received in 2002).Using Table 3.3 in the book,calculate his change in federal income tax,assuming that this table was also applicable in 2002.

Accepted Answer

A) $11 192.59 
B) $27 115.23 
C) $28 420.65 
D) $15 922.64 
E) $17 228.06 
A) $11 192.59 
B) $27 115.23 
C) $28 420.65 
D) $15 922.64 
E) $17 228.06

Question 10

Mary paid $456 for an annual contract to an ISP on July 1,2012.She terminated her contract with the ISP on March 8.The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage.A $50 service charge is then deducted.What refund will Mary receive?

Accepted Answer

A) $142.42 
B) $92.42 
C) $54.94 
D) $50 
E) $0 
A) $142.42 
B) $92.42 
C) $54.94 
D) $50 
E) $0

Question 11

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?

Accepted Answer

Price per square meter = @#IMG-DLM& = $4

Question 12

The amount of $123 is what percent less than $165?

Accepted Answer

Decrease =

Question 13

Total 2013 residential tax rate in Toronto is 0.7457653%.It is expected to increase by 3% in 2014.What will be the 2014 residential tax rate in Toronto?

Accepted Answer

3% of 0.7457653 = 0.02237296 2

Question 14

166 2/3% of what amount is $280?

Accepted Answer

166 @#IMG-DLM& % of x = 280 @#IMG-DLM& x

Question 15

Use Table 3.2 on page 120 of your textbook to convert C$900.00 to euros.

Accepted Answer

From the table,the exchange ra

Question 16

350% of $15.00 is what amount?

Accepted Answer

350% of 15

Question 17

Calculate the value of x:   : x =   :

Accepted Answer

A) 4/1 
B) 2/81 
C) 81/2 
D) 1/4 
E) 1/9 
A) 4/1 
B) 2/81 
C) 81/2 
D) 1/4 
E) 1/9

Question 18

$750 is 33.3% of what amount?

Accepted Answer

750 = 33.3

Question 19

Gas is sold for C$1.293 per litre in Windsor and US$3.91 per gallon in Detroit.By what percentage (based on Windsor price)is gas cheaper in Detroit? Use the exchange rate of US$0.966 per C$.Note 1 US gallon = 3.785 litres?

Accepted Answer

Fuel price in detroit in C$ =

Question 20

27.5% of what amount is $28.63?

Accepted Answer

The answer of 27.5% of what amount is $28.63?...

The Canada Pension Plan premium deducted from an Peter's wages was $650.25.If the premium rate is 2.925% of gross wages,how much were Peter's gross wages?

$275 is 87 1/2% of what amount?

Sean,Paul and Wallis decide to buy a property,agreeing to share profit in a ratio of : : ,which is in the same ratio as they spent on the property.If they end up making $20 000.00,calculate how much each should receive from the sale of the property.

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.

225% of what amount is $310?

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?

You sell your house at 95.7% of the list price.What was the amount of sales commission if the commission percentage is 3.75% and the list price of the house was $182 500?

A wholesale outlet is offered a discount of 2 % for payment in cash of an invoice of $950.If it accepted the offer,how much was the cash payment?

Murtaza started working for AECL in 2001.His pay in 2002 was $64 464.His compensation in 2012 was $128 928 (which is double the compensation he received in 2002).Using Table 3.3 in the book,calculate his change in federal income tax,assuming that this table was also applicable in 2002.

Mary paid $456 for an annual contract to an ISP on July 1,2012.She terminated her contract with the ISP on March 8.The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage.A $50 service charge is then deducted.What refund will Mary receive?

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?

The amount of $123 is what percent less than $165?

Total 2013 residential tax rate in Toronto is 0.7457653%.It is expected to increase by 3% in 2014.What will be the 2014 residential tax rate in Toronto?

166 2/3% of what amount is $280?

Use Table 3.2 on page 120 of your textbook to convert C$900.00 to euros.

350% of $15.00 is what amount?

Calculate the value of x: : x = :

$750 is 33.3% of what amount?

Gas is sold for C$1.293 per litre in Windsor and US$3.91 per gallon in Detroit.By what percentage (based on Windsor price)is gas cheaper in Detroit? Use the exchange rate of US$0.966 per C$.Note 1 US gallon = 3.785 litres?

27.5% of what amount is $28.63?

Review of Arithmetic

Review of Basic Algebra

Linear Systems

Cost-Volume-Profit Analysis and Break-Even

Trade Discounts, cash Discounts, markup, and Markdown

Simple Interest

Simple Interest Applications

Compound Interestfuture Value and Present Value

Compound Interestfurther Topics

Ordinary Simple Annuities

Ordinary General Annuities

Annuities Due, deferred Annuities, and Perpetuities

Amortization of Loans,including Residential Mortgages

Bond Valuation and Sinking Funds

Investment Decision Applications

Filters

Exam 3: Ratio,proportion,and Percent

The Canada Pension Plan premium deducted from an Peter's wages was $650.25.If the premium rate is 2.925% of gross wages,how much were Peter's gross wages?

$275 is 87 1/2% of what amount?

Sean,Paul and Wallis decide to buy a property,agreeing to share profit in a ratio of : : ,which is in the same ratio as they spent on the property.If they end up making $20 000.00,calculate how much each should receive from the sale of the property.

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.

225% of what amount is $310?

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?

You sell your house at 95.7% of the list price.What was the amount of sales commission if the commission percentage is 3.75% and the list price of the house was $182 500?

A wholesale outlet is offered a discount of 2 % for payment in cash of an invoice of $950.If it accepted the offer,how much was the cash payment?

Murtaza started working for AECL in 2001.His pay in 2002 was $64 464.His compensation in 2012 was $128 928 (which is double the compensation he received in 2002).Using Table 3.3 in the book,calculate his change in federal income tax,assuming that this table was also applicable in 2002.

Mary paid $456 for an annual contract to an ISP on July 1,2012.She terminated her contract with the ISP on March 8.The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage.A $50 service charge is then deducted.What refund will Mary receive?

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?

The amount of $123 is what percent less than $165?

Total 2013 residential tax rate in Toronto is 0.7457653%.It is expected to increase by 3% in 2014.What will be the 2014 residential tax rate in Toronto?

166 2/3% of what amount is $280?

Use Table 3.2 on page 120 of your textbook to convert C$900.00 to euros.

350% of $15.00 is what amount?

Calculate the value of x: : x = :

$750 is 33.3% of what amount?

Gas is sold for C$1.293 per litre in Windsor and US$3.91 per gallon in Detroit.By what percentage (based on Windsor price)is gas cheaper in Detroit? Use the exchange rate of US$0.966 per C$.Note 1 US gallon = 3.785 litres?

27.5% of what amount is $28.63?

Review of Arithmetic

Review of Basic Algebra

Linear Systems

Cost-Volume-Profit Analysis and Break-Even

Trade Discounts, cash Discounts, markup, and Markdown

Simple Interest

Simple Interest Applications

Compound Interestfuture Value and Present Value

Compound Interestfurther Topics

Ordinary Simple Annuities

Ordinary General Annuities

Annuities Due, deferred Annuities, and Perpetuities

Amortization of Loans,including Residential Mortgages

Bond Valuation and Sinking Funds

Investment Decision Applications

Filters