Question 1

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?

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Question 2

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

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Question 3

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

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Question 4

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

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Question 5

Alanna Morrisette's hourly rate of pay was increased from $19.00 to $22.54. What was the percent raise?

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Question 6

In Victoria, a car was sold for $19 621.60 including 12% HST. How much was the harmonized sales tax on the car?

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Question 7

A special purpose index has increased 155% during the last ten years. If the index is now 310, what was the index ten years ago?

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Question 8

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

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Question 9

After a reduction of 8 1/3% of the marked price, a snowboard sold for $400.00. What was the marked price?

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Question 10

The price of a stock a week ago was $36.25 per share. Today the price per share is $31.75.
a)What is the percent change in price?
b)What is the new price as a percent of the old price?

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Question 11

After a reduction of 33  % of the marked price, an article was sold for $412.00. What was the marked price?

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Question 12

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?

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Question 13

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

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Question 14

An MP3 player originally advertised at $320.00 is reduced to $279.00 during a sale. By what percent was the price reduced?

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Question 15

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?

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Question 16

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?

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Question 17

In Manitoba, a car was sold for $21 500.55 including 5% GST and 7% PST. How much was the provincial sales tax on the car?

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Question 18

A sales representative's orders for January were 83 1/3% less than her December orders, which amounted to $20 000.
a)How much were the sales rep's orders in January?
b)By what amount did her orders decrease?

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Question 19

After a reduction of 16 2/3% of the marked price, a pair of boots sold for $60.00. What was the marked price?

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Question 20

A sales representative's orders for July were 16 2/3% less than her June orders, which amounted to $151 120.
a)How much were the sales rep's orders in July?
b)By what amount did her orders decrease?

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The answer of A sales representative's orders for July were...

Quiz 3: Ratio, Proportion, and Percent

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

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

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

Alanna Morrisette's hourly rate of pay was increased from $19.00 to $22.54. What was the percent raise?

In Victoria, a car was sold for $19 621.60 including 12% HST. How much was the harmonized sales tax on the car?

A special purpose index has increased 155% during the last ten years. If the index is now 310, what was the index ten years ago?

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

After a reduction of 8 1/3% of the marked price, a snowboard sold for $400.00. What was the marked price?

The price of a stock a week ago was $36.25 per share. Today the price per share is $31.75. a)What is the percent change in price? b)What is the new price as a percent of the old price?

After a reduction of 33 % of the marked price, an article was sold for $412.00. What was the marked price?

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?

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

An MP3 player originally advertised at $320.00 is reduced to $279.00 during a sale. By what percent was the price reduced?

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?

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?

In Manitoba, a car was sold for $21 500.55 including 5% GST and 7% PST. How much was the provincial sales tax on the car?

A sales representative's orders for January were 83 1/3% less than her December orders, which amounted to $20 000. a)How much were the sales rep's orders in January? b)By what amount did her orders decrease?

After a reduction of 16 2/3% of the marked price, a pair of boots sold for $60.00. What was the marked price?

A sales representative's orders for July were 16 2/3% less than her June orders, which amounted to $151 120. a)How much were the sales rep's orders in July? b)By what amount did her orders decrease?