1. A 1998 Nissan Altima GXE is advertised for $17,990 with a down payment of $1,500. How much must be financed?
Ans: Total Car Cost : $17990.00 ¡K¡K¡K¡K¡K.. (1)
Down Payment : $1500.00 ¡K¡K¡K¡K¡K¡K (2)
Amount to Finance : $16490.00 ¡K¡K¡K¡K¡K¡K (1) ¡V (2)
2. Auto Zone has a special on fuel filters. Normally, the price of one filter is $15, but with this sale, you can purchase two filters for only $27. How much can you save by purchasing two filters at the sale price?
Ans: Price of one filter : $15.00¡K¡K¡K¡K¡K.. (1)
Price of 2 filters (regular) [ 2 x $15.00] : $30.00 ¡K¡K¡K¡K¡K.. (2)
Price of 2 filters (sale) : $27.00¡K¡K¡K¡K¡K.. (3)
Savings : $3.00¡K¡K¡K¡K¡K.. (2) ¡V (3)
3. If sugar costs $2.87 for 80 ounces, what is the cost per ounce, rounded to the nearest cent?
Ans: Sugar Cost (for 80 ounces) : $2.87 ¡K¡K¡K¡K¡K.. (1)
Sugar Cost (for 80 ounces): 287 cents...¡K¡K¡K.. (2)
Cost per ounce : 4 cents ¡K¡K¡K¡K¡K (3) [ (2) / 80 = 3.5875 ~ 4 ]
4. If a picture frame costs $30 and the tax on the frame is 6% of the cost, how much is the tax on the picture frame?
Ans: Cost of the Frame : $30.00 ¡K¡K¡K¡K¡K.. (1)
Tax percentage : 6.0% ¡K¡K¡K¡K¡K... (2) [6.0 / 100]
Tax on Frame : $1.8 ¡K¡K¡K¡K¡K¡K (1) x (2)
5. A personal computer costs $4000 and a postscript printer costs $1500. What is the total cost of the equipment?
Ans: Cost of PC : $4000.00 ¡K¡K¡K¡K¡K.. (1)
Cost of printer : $1500.00 ¡K¡K¡K¡K¡K.. (2)
Total cost : $5500.00 ¡K¡K¡K¡K¡K¡K (1) + (2)
6. A purse that sells for $68.99 is reduced by $25.50. What is the price of the purse after the reduction?
Ans: Original cost of Purchase : $68.99 ¡K¡K¡K¡K¡K (1)
Price Reduction : $25.50 ¡K¡K¡K¡K¡K (2)
Price after Reduction : $43.49 ¡K¡K¡K¡K¡K¡K (1) - (2)
7. Mack Construction Co. was billed for plasterboard installation. If the job required 3,852 square feet of plasterboard and cost $2,435.76, what was the cost per square foot?
Ans:Total Cost for the Job : $2435.76 ¡K¡K.. (1)
Total Square foot : 3852 sq.ft. ¡K.. (2)
Cost per square foot : $0.63 ¡K¡K¡K¡K (1) / (2) [rounded off to the nearest cent]
8.Brian Gripka decides to establish a budget. He will spend $450 for rent, $325 for food, $320 for child care, $182 for transportation, $150 for other expenses, and he will put the remainder in savings. If his take-home pay is $1620, find his savings.
Ans:Rent : $450.00 ¡K¡K.. (1)
Food : $325.00 ¡K¡K.. (2)
Child care : $320.00 ¡K¡K.. (3)
Transportation : $182.00 ¡K¡K.. (4)
Others : $150.00 ¡K¡K.. (5)
Total Expenses : $1427.00 ¡K¡K.. (6) [ (1) + (2) + (3) + (4) + (5) ]
Take Home Pay : $1620.00 ¡K¡K.. (7)
Savings : $193.00 ...¡K¡K.. (7) ¡V (6)
9. Play-It-Now Sports Center has decided to divide 2/3 of the company's profit sharing funds evenly among the eight store managers. What fraction of the total amount will each receive?
Ans:Total share for managers : (2/3) ¡K¡K.. (1)
Total number of managers : 8¡K¡K¡K¡K. (2)
Share for each manager : 1/12¡K¡K... (1) / (2)
10. Solve for r: 4(r-2) = 2(r+8).
Ans:4(r-2) = 2(r+8)
„Ã 4r-8 = 2r+16
„Ã 4r-2r = 16+8
„Ã 2r = 24
„Ã r = 24/2
„Ã r = 12
11. Use the formula to find the value of the variable that is not given: I = PRT; I = $2880, R = 0.08, P = $12,000.
Ans:I = PRT
„Ã 2880 = 12000 * 0.08 * T
„Ã 2880 = 960 * T
„Ã 2880 / 960 = T
„Ã T = 3
12. From a sample of 80 new home buyers, 24 were first-time home buyers. There were 2480 new homes sold in the county. Find the number of first-time home buyers.
Ans: Number of Sample new home buyers : 80 ¡K¡K.. (1)
Number of sample first-time buyers : 24 ¡K¡K.. (2)
Fraction of sample first-time buyers : 0.3¡K¡K.. (3)
Number of actual new home buyers : 2480¡K.. (4)
Number of actual first-time buyers : 744¡K¡K.. (4) * (3)
13. 375 patients is what percent of 250 patients?
Ans:Formula: Rate (R) = Portion (P) / Base (B) * 100 % ¡K¡K.. (1)
P = 375; B = 250
„Ã R = 375 / 250 * 100 %
„Ã R = 187.5%
14. As an antique dealer, Clarence Hanks charges a 25% selling fee. After deducting this fee, Hanks recently paid out $12,570 to his sellers. Find the total amount of his sales.
Ans:Total Sales Amount (T) = Seller Fee (F) + Amount to Seller (S) ¡K¡K.. (1)
F = 25% of T; S = 12570
„Ã T = 25% of T + $12570
„Ã T = (25/100) * T + $12570
„Ã T = 0.25 T + $12570
„Ã T ¡V (0.25 T) = $12570
„Ã 0.75 T = $12570
„Ã T = $16760 |
