Exam 3: Ratio, Proportion, and Percent
Exam 1: Review of Arithmetic103 Questions
Exam 2: Review of Basic Algebra193 Questions
Exam 3: Ratio, Proportion, and Percent152 Questions
Exam 4: Linear Systems81 Questions
Exam 5: Trade Discount, Cash Discount, Markup, and Markdown119 Questions
Exam 6: Break-Even and Cost-Volume-Profit Analysis24 Questions
Exam 7: Simple Interest95 Questions
Exam 8: Simple Interest Applications63 Questions
Exam 9: Compound Interest - Future Value and Present Value123 Questions
Exam 10: Compound Interest - Further Topics53 Questions
Exam 11: Ordinary Simple Annuities76 Questions
Exam 12: Ordinary General Annuities74 Questions
Exam 13: Annuities Due, Deferred Annuities, and Perpetuities132 Questions
Exam 14: Amortization of Loans, Including Residential Mortgages59 Questions
Exam 15: Bond Valuation and Sinking Funds81 Questions
Exam 16: Investment Decision Applications56 Questions
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Mr. Singh needs to buy an airline ticket from Air Canada for C$1 480. How much would it cost him in india rupees? Use Table 3.2 on page 128 to answer the question.
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Carol, Clara and Nancy decide to buy LOTTO 649 tickets, agreeing to share any winnings in a ratio of
:
:
, which is in the same ratio as they spent on tickets. If they end up winning $1147.00, calculate how much each should receive from the winnings.



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Use the 2010 federal income tax brackets and rates listed below to answer the following question.
Taxable Income
(income tax brackets) Tax rates
$40 970 or less 15% of taxable income less than or equal to $40 970; plus
$40 970 to $81 941 22% of taxable income greater than $40 970 and less than or equal to $91 941; plus
$81 941 to $127 02 26% of taxable income greater than $81 941 and less than or equal to $127 021; plus
Over $127 021 29% of taxable income greater than $127 021
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?
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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.
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A wage earner's hourly rate of pay was increased from $10.60 to $11.89. What was the percent raise?
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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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Set up a ratio to represent the following:
one-half of an hour to 18 minutes
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An article originally advertised at $210.00 was reduced to $178.75 during a sale. By what percentage was the price reduced?
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A manufacturing process requires $68.5 supervision cost for every 64 labor hours. At the same rate, how much supervision cost should be budgeted for 18 000 labor hours?
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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 direct labor 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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A firm's bad debts of $7775 were 2 3/4% of sales. What were the firm's sales?
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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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Mr. Duckworth owned 3/8 of a store. He sold 2/3 of his interest in the store for $37 000. What was the value of Mr. Duckworth's share of the store?
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Gross profit for March was three-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $14200.
a) What was the gross profit for March?
b) What were net sales for March?
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