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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Using an exchange rate of ¥88.313 per C$,calculate the number of yen that C$900 could be purchased after giving away a commission of 2.5%.Round your answer to nearest yen?
(Multiple Choice)
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Franco,Maria and Gomez entered into a partnership to buy a steel manufacturing plant.They agreed to distribute profits in the same proportion as their respective capital investments in the partnership.How will recent period's profit of $287 800 be allocated to Franco,if Franco's capital investment shows a balance of $34 million,Maria's shows $49 million and Gomez's shows $54.5 million?
(Essay)
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A private post-secondary corporation had a 1-year low stock price of $18.69 and a high of $40.47.Assuming that you bought it at the lowest price and sold it at its highest price,what is the simple annual rate of return on your stock purchase?
(Multiple Choice)
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Use the 2010 federal income tax brackets and rates listed below to answer the following question.
Taxable Income
In early 2010,Juan's gross pay increased from $35 000 per year to $43 000 per year.
a)What was the annual percent increase in Juan's pay before federal income taxes?
b)What was the annual percent increase in Juan's pay after federal income taxes were deducted?
(Essay)
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The Bank of Nova Scotia reduced its annual lending rate from 11% to 8.75%.What is the percent reduction in the lending rate?
(Essay)
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What is the price of gasoline per litre in Canadian dollars if a U.S.gallon of gasoline costs $2.90 U.S.? One U.S.dollar is worth $1.0372 Canadian,and one U.S.gallon is equivalent to 3.8 litres.
(Essay)
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Salem purchased a shirt for US$20 from the Niagara outlet mall in Buffalo on his credit card.The actual transaction on the statement shows a value of C$22.45.It also includes 2.5% commission.Calculate the exchange rate used by the bank on the statement?
(Multiple Choice)
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If total deductions on a yearly salary of $28 600 amounted to 16 2/3%,how much was deducted?
(Essay)
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D&L Corporation's profit and loss statement showed a net income of 9 3/4% or $41 250.Twenty-one percent of net income was paid in corporation tax and 65% of the net income after tax was paid out as dividends to Cindi and Kelsey,who hold shares in the ratio 2 to 3.
a)What was the revenue of D&L Corporation?
b)How much was the after-tax income?
c)How much was paid out in dividends?
d)What percent of net income did Kelsey receive as a dividend?
(Essay)
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If 35 digging machines dig 805 cubic metres of earth in 5 hours,how much earth will 30 digging machine dig in 6 hours?
(Essay)
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After a reduction of 33
% of the marked price,an article was sold for $412.00.What was the marked price?
(Essay)
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In a remote army camp,10 soldiers have the ration for 21 days.If 3 soldiers leave the camp,for how many days will the ration be sufficient?
(Multiple Choice)
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After a reduction of 8 1/3% of the marked price,a snowboard sold for $400.00.What was the marked price?
(Essay)
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