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Mathematics
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Contemporary Business
Quiz 3: Ratio, Proportion, and Percent
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Question 101
Essay
Calculate the cost of a $312.00 suit if the price is increased by 2
%.
Question 102
Essay
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?
Question 103
Essay
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?
Question 104
Essay
Sales in June increased 16 2/3% over May sales. If June sales amounted to $27 535, what were May sales?
Question 105
Essay
Calculate the cost of a $11 000.00 machine after a decrease of 5% in price.
Question 106
Essay
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?
Question 107
Essay
A disc man originally advertised at $320.00 is reduced to $279.00 during a sale. By what percent was the price reduced?
Question 108
Essay
After a reduction of 8 1/3% of the marked price, a snowboard sold for $400.00. What was the marked price?
Question 109
Essay
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?
Question 110
Essay
After a reduction of 16 2/3% of the marked price, a pair of boots sold for $60.00. What was the marked price?
Question 111
Essay
After a reduction of 33
% of the marked price, an article was sold for $412.00. What was the marked price?
Question 112
Essay
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?
Question 113
Essay
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?
Question 114
Essay
After a reduction of 66
% of the marked price, an article was sold for $150.00. What was the marked price?
Question 115
Essay
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?
Question 116
Essay
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?