Exam 1: Review of Arithmetic

Tommy Hughes invested $10 000 in a business on January 1. He withdrew $1000 on March 1, reinvested $5000 on July 1, and withdrew $4000 on October 1. What is Tommy's average monthly investment balance for the year?

Extend each of the following and determine the total. Quantity Unit Price 48 $2.45 48 $0.83 16 $2.12 60 $1.33

Simplify: 8 + 6 ∗ 2

Change % into a decimal.

The town of Pandora assesses property at market value. How much will the owner of a house valued at $325 000 owe in taxes if this year's mill rate has been set at 21.386?

Three mechanics worked 15 , 14 , 18 hours respectively. What was the total cost of labor if the mechanics were paid $14.75 per hour?

September is paid on a weekly commission basis. She is paid a base salary of $370.00 on a weekly quota of $9500.00 and a commission of 5.75% on any sales in excess of the quota. a) If September's sales for last week were $11 340.00, what were her gross earnings? b) What are September's average hourly earnings if she worked 35 hours?

Evaluate: 8600(1 - .27 * 226/360)

"Save the PST" is a popular advertising gimmick. How much would you save on the purchase of a T-shirt with a list price of $45.00 in a Manitoba store during a "Save the PST" promotion?

Tom is employed at an annual salary of $50 292.48. His regular workweek is 37.5 hours and he is paid semi-monthly. a) What is Tom's gross pay per period? b) What is his hourly rate of pay? c) What is his gross pay for a period in which he worked 12 1/2 hours overtime at time and one-half regular pay?

Change 0.035 into a percent.

Esther's flower shop had sales revenue of $152 000.00 for the year. If the shop's GST taxable expenses were 29 920.00. Calculate how much Colleen should remit to the government at the end of the year.

On a trip, a motorist purchased gasoline as follows: 66 liters at 69.0 cents per litre; 69 litres at 70.5 cents per litres; 80 litres at 71.5 cents per litre; and 57 litres at 74.5 cents per litre. a) What was the average number of litres per purchase? b) What was the average cost per litre? c) If the motorist averaged 9.75 km per litre, what was her average cost of gasoline per kilometre?

Simplify: 5(4 + 3)

A.J. is paid an annual salary of $41 840.00. She is paid monthly on a 40-hour work week. What is the gross pay for a pay period in which she works 9 hours overtime at time-and-a-half regular pay?

An employee receives a gross pay of $750.73 for 47.25 hours of work. What is the hourly rate of pay if a regular work week is 37.5 hours and overtime is paid at time-and-a-half the regular rate of pay?

A retail chain sells snowboards for $855.00 plus GST and PST. What is the price difference for consumers in London, Ontario, and Lethbridge, Alberta?

Last week Dana worked 46 hours. For the regular workweek of 40 hours she is paid $12.40 per hour, and for every hour over 40 hours she is paid at time and one-half regular pay. How much did she earn last week?

You bought a new car in Ontario for $19 500 which included HST. What is the total amount of HST that you paid?

Simplify: 3 + 8 ∗ 4