Exam 1: Review of Arithmetic

Simplify:

Barb's Home Income Tax business operates only during tax season. Last season Barb grossed $38 790 including GST. During that season she spent $9500 before GST on her paper and supply purchases. How much does Barb owe Revenue Canada for GST?

Yanping receives a monthly salary of $1931.54 paid semi-monthly. The regular workweek is 38 hours. a)Calculate the hourly rate of pay. b)If the gross earnings for one pay period is 1270.75, for how many hours of overtime was Yanping paid at double-time regular pay.

Your full-time job pays you a bi-weekly salary of $2963.56. In addition to this position you have been working part-time for the last 15 months and earn $500 semi-monthly. You have other payments that total $14 400 per year. What is the maximum monthly amount that your payments can be towards a house purchase? Assume that property taxes and heating costs are included in the $14 400.

Phil works for a hydro company in a 35 hour work week schedule. His contract pays him $1345/week for working Monday to Friday, 7 hours a day. If he spends more time than his usual time, he is entitled to "time and a half" on time worked in excess of 7 hours per day. If he works on Sundays or statutory holidays, he is entitled to twice the time. Calculate his gross earnings for the month of October 2013, if he worked for 5 hours on Thanksgiving Day in addition to his regular hours for the month.

C.O. is paid a semi-monthly salary of $1 250.00. If his regular work week is 35 hours, what is his hourly rate of pay?

Change 0.25% into a decimal.

C.O. is paid a semi-monthly salary of 2 754.30. If his regular work week is 42 hours, what is his hourly rate of pay?

In the first term, Sam's courses and grades were as follows: Calculate Sam's Grade Point Average (GPA).

Jigger is planning to buy a house. He has two options. A 2400 sq. ft. bungalow in Whitby costs $389 000. A similar size house costs $369 000 in Oshawa. Jigger plans to base his decision on the cost of property tax paid. Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property tax at the mill rate of 16.18347. Where will Jigger end up paying less tax and likely buy the home?

S. Wall receives a yearly salary of $33 868.00. She is paid bi-weekly and her regular workweek is 37.5 hours. a)What is the gross pay per pay period? b)What is the hourly rate of pay? c)What is the gross pay for a pay period in which she works 9 1/2 hours overtime at time and one-half regular pay?

Simplify: 30 + 8 - 6

Convert 1 into percentage.

Express the following as a percentage:

A retailer returned 300 defective items to the manufacturer and received a credit for the retail price of $0.75 less a discount of 1/3 of the retail price. What was the amount of the credit received by the retailer?

Simplify: 44[(9 ÷ 3)+ 72 - 6 × 2.5 - 19] - [42 - 3(77 ÷ (3.5 × 2))- 9]

Kim invested $7500 in a business for 3 months. She withdrew $2500 at the start of the fourth month and kept the rest of the money in the savings account for the remaining 9 months in the year. What is Kim's average monthly investment balance for the year?

Evaluate:

Phil works for a hydro company in a 35 hour work week schedule. His contract pays him $1345/week for working Monday to Friday, 7 hours a day. If he spends more time than his usual time, he is entitled to "time and a half" on time worked in excess of 7 hours per day. If he works on Sundays or statutory holidays, he is entitled to twice the time. Calculate his gross earnings for the month of November 2013, if he worked straight time only.

A small town has a total residential assessment of $1.1 billion. The town must meet expenditures of $300 million. a)If 80% of the expenditures are charged against residential real estate, calculate then total property taxes that must be raised. b)Calculate the mill rate. c)Calculate the property tax on a property assessed at $500 000.00