Exam 1: Review of Arithmetic

Evaluate:

Norman works for Honda Oshawa on commission only. He gets $500 for every used car he sells and $750 for every new car. Last month he sold 9 used cars and 4 new cars. What was his gross earning last month?

Complete the following inventory sheet and find the total value.

Oliver received a pay at the end of the month of $4 303.00 in June 2016, working 6 hours a day, and a total of 20 days in the month. Included in the pay is a bonus of $243. What is Oliver's hourly rate of pay? Round to the nearest cent.

"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?

87 % is equal to:

Heart of Gold Realty sold lots for $50 000 per hectare. What is the total sales value if the lot sizes, in hectares, were 1 3/4, 2 1/3, 3 5/8, and 4 1/6?

Change 0.25% into a decimal.

Simplify: 6 + - 4

Complete the following statement:

Florence Lamb is paid a commission of 10 3/4% on her net sales and is authorized to draw up to $900.00 a month. What is the amount due to Florence at the end of a month in which she drew $820.00, had sales of $14 660.00, and sales returns of $331.20?

Simplify: 10 + - 5

Express the following as a percentage:

A house in Detroit was sold at $246,000, which is of its actual value. If the realtor made a commission of $1.25 on each $250 of the actual house value, how much commission does the realtor earn while selling the house?

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?

Two people living in different communities build houses of the same design on lots of equal size. If the person in Airdrie has his house and lot assessed at $165 000 with a mill rate of 22.051 mills, will his taxes be more or less than the person in Kimberly with an assessment of $145 000 and a mill rate of 25.124 mills?

Isabelle works for The Brick, a furniture company. She earns a base salary $12/hr, 40 hours a week. However, she is also paid commission of 2% for all sales and $1000 incentive pay for every sale of $10 000. In the month August, she won the title of employee of the month for total sales of $75 000. How much did she earn in the month of August, assuming a 4 weeks month?

Denise Jantz invested $35 000 on January 1 in a partnership. She withdrew $5000 on June 1, withdrew a further $1900 on August 1, and reinvested $6 000 on November 1. What was her average monthly investment balance for the year?

A town has an assessed residential property value of $350 000 000. The town council must meet the following expenditures: a) Suppose 70% of the expenditures are charged against residential real estate. Calculate the total property taxes that must be raised. b) What is the mill rate? c) What is the property tax on a property assessed at $235 000?

Simplify 7125 ×