Exam 1: Review of Arithmetic

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?

A party room was rented out at $11.75 per hour. If 6 people each rented the room for 2 , 1 , 4 , 3 , 6 , and 2 hours respectively, how much did the party room owners earn in total (excluding all taxes)? Round your answer to the nearest cent.

Extend each of the following and determine the total.

A town has a total residential assessment of 900 million dollars. The town must meet expenditures of $45 million. a) If 90% 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 $235 000.00

Evaluate:

Spade Realty sold lots for $23 240 per hectare. What is the total sales value if the lot sizes, in hectares, were 2 , 3 , 4 ?

Corrine Davis had gross earnings of $937.50 for the week. If she receives a base salary of $664.00 on a quota of $7800.00 and a commission of 6.75% on sales exceeding the quota, what were Corrine's sales for the week?

Simplify and round the answer to two decimal places: 56.929 - 36.434

The engineering department of a consulting company has 8 junior engineers working at $24.75/hour, 5 senior engineers working at $39.49/hour, and an engineering manager working at $47.24 per hour. Calculate the weighted average hourly rate earned by the engineering department.

Convert 1 into percentage.

Three workers worked 10 , 15 , 20 hours respectively. What was the total cost of labour if the workers were paid $20.00 per hour?

Bill earned a gross commission of $2551.05 during August. What were his gross sales if his rate of commission is 14.5% of net sales and sales returns and allowances for the month were 6% of his sales?

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

Simplify: 8 + 6 ∗ 2

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.

A salesperson is paid a weekly salary of $350.00 or a commission of 14.5% of his sales, whichever is the greater. What is his earnings for a week in which his sales were a) $2480.00? b) $3780.00?

Calculate the final answer for the following expression: (10³ + 20²) ÷ 20

Carla is paid a semi-monthly salary of $1870.80. Her regular workweek is 40 hours. Overtime is paid at time and one-half regular pay. a) What is Carla's hourly rate of pay? b) What is Carla's gross pay if she worked 7 1/2 hours overtime in one pay period?

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.

Alicia Helm of Wawanesa, Manitoba, bought a ring for $5700. Since the jeweller is shipping the ring, Alicia must pay a shipping charge of $30.00. She must also pay PST and GST on the ring. Find the total purchase price of Alicia's ring.