Exam 3: Ratio,proportion,and Percent
Exam 1: Review of Arithmetic116 Questions
Exam 2: Review of Basic Algebra232 Questions
Exam 3: Ratio,proportion,and Percent188 Questions
Exam 4: Linear Systems75 Questions
Exam 5: Cost-Volume-Profit Analysis and Break-Even39 Questions
Exam 6: Trade Discounts, cash Discounts, markup, and Markdown143 Questions
Exam 7: Simple Interest114 Questions
Exam 8: Simple Interest Applications75 Questions
Exam 9: Compound Interestfuture Value and Present Value147 Questions
Exam 10: Compound Interestfurther Topics64 Questions
Exam 11: Ordinary Simple Annuities89 Questions
Exam 12: Ordinary General Annuities89 Questions
Exam 13: Annuities Due, deferred Annuities, and Perpetuities157 Questions
Exam 14: Amortization of Loans,including Residential Mortgages71 Questions
Exam 15: Bond Valuation and Sinking Funds97 Questions
Exam 16: Investment Decision Applications67 Questions
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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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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?
(Multiple Choice)
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The Canadian CPI was 109.1 in 2006 and 114.4 in 2009 relative to the base year of 2002.Determine the purchasing power of the Canadian dollar for the two years,and interpret the meaning of the results?
(Essay)
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SDM sells eggs at $2.80/dozen.How many eggs can be bought for $2.10?
(Multiple Choice)
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Overhead cost of a fan belt is three-eighths of total cost and labour cost is one-third of overhead cost.If labour cost is $15,what is the total cost of the fan belt?
(Essay)
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Penny earned $26 000 in 2007.If the Consumer Price Index in 2007 was 111.5 and in 2009 was 114.4,what did Penny have to earn in 2009 just to keep up with inflation?
(Essay)
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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?
(Essay)
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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?
(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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From March 1991 to March 2001,the price of gasoline increased 170%.If the price in 1991 was 33.0 cents per litre,what was the price per litre in 2001?
(Essay)
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Manufacturing overhead is charged to three operating divisions on the basis of capital investment in the three divisions.If the investment is $10.8 million in the Eastern Division,$8.4 million in the Southern Division,and $17.4 million in the Far Eastern Division,how should manufacturing overhead of $888 000 be allocated to the three divisions?
(Essay)
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A wage earner's hourly rate of pay was increased from $10.60 to $11.89.What was the percent raise?
(Essay)
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A project was tendered in 2009 for US$3.5 million,when the exchange rate was US$1.0315per $C.It started building in 2010 and the money was borrowed from the Canadian bank when the exchange rate fell to US$0.971 per $C.What is the increase in the amount borrowed?
(Multiple Choice)
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Suppose it costs $363.50 Canadian to purchase $350.00 U.S.
a)What is the exchange rate?
b)How many U.S.dollars will you receive if you convert $925 Canadian into U.S.dollars?
(Essay)
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