Proportional Reasoning and Unit Price
Mark ups, GST, and sales
Currency Exchange
Making money
Additional Earnings and Deductions
100
If you earn $120 in 6 hours, how much would you earn in 20 hours?
$400 in 20 hours.
100
The markup on a bicycle is 130%. If the wholesale cost of the bicycle was $500, what is the markup?
The markup is $650
100
The exchange rate between the Canadian Dollar (CAD) and the Mozambique Metical (MZN) is $1 CAD = 29.23 MZN. If a bottle of coca-cola costs 36 MZN, what is the cost in Canadian dollars?
$1.23 CAD
100
If you make $1,250 in a 40-hour work week, how much would you make in an 8-hour shift?
$250
100
In order to work a high-risk job, your employer offers you a signing bonus of 15% of your annual salary, which is $55,000. How much is the bonus worth?
$8250
200
Which is the better buy: 8 ounces of Brie cheese for $5.10 or 12 ounces for $8.20?
8 ounces for $5.10 gives $0.64 per ounce. 12 ounces for $8.20 gives $0.68 per ounce. 8 ounces is the better buy.
200
How much would you pay in taxes on a coffee that costs $1.25 if PST is 7% and GST is 5%?
$0.15 or 15 cents.
200
If one Canadian dollar is worth 0.5911 British pounds, calculate how many pounds you would get for $200 Canadian.
118.22 pounds
200
You work 55 hours a week. Your regular rate is $15.75 an hour but you make time and a half for hours over 40 a week. How much do you make per week?
$984.38 a week
200
Horace works as a door-to-door salesman in rural Alberta and muse use his own car. He is paid $0.45/km for each kilometer he drives, plus 8% of sales. If he drove 2354 km and sold $47854 of merchandise, how much would his paycheck be?
$4,887.62
300
The ratio of red paint to blue paint in a purple paint mixture is 3:5. If you used 35 mL of blue paint, how much red paint would you need?
21 mL of red paint.
300
If the markup is 125% on a certain brand of jeans that have a wholesale price of $30, what will the customer pay, if GST and PST are each 5%?
$74.25
300
The exchange rate for converting a Canadian dollar to the Swiss franc is 1.0542. How many Swiss francs would you get for $300.00 CAD?
316.26 francs
300
You buy old books for $2.00 each, and then sell them at $10 each. If you sell 500 books, what is your net profit?
$4,000
300
If the federal tax rate is 15% and your paycheck is $1500, what is your net income?
$1275
400
The cost of an 35 mL bottle of perfume is $87 at London Drugs. A 70 mL bottle of the same perfume costs $200 at The Bay. How much would you save per mL if you bought from London Drugs?
$0.37 per mL
400
The wholesale cost of a certain brand of t-shirts is $132.00 for 12. To cover costs, and make a profit, Lorena marks them up by 75%. If GST is 5% and PST is 7%, what will a customer have to pay for 1 t-shirt?
$21.56 per t-shirt.
400
The bank selling rate of the Canadian dollar to the South African Rand is 8.3954. How many rands could you get for $300 CAD?
2,518.62 Rands
400
On top of a base salary of $1800/month, you make 4% commission selling computer products. If you sell $22,000 worth of computer products in a month, what are your total earnings?
$2680 per month
400
If you pay $500 in tax and your taxable income is $4000, what is your tax rate(%)?
12.5%
500
Fabric costs $5.45 per square meter. If you need enough fabric to create sheets that are 150 meters squared, what is the total cost?
$817.50
500
A store is having a sale on video games: "Buy 3 get 1 free." What is the percent discount if each game usually costs $12?
25% savings.
500
The bank selling rate of the Canadian dollar to the Brazilian real is 2.0501 and the buying rate is 2.0697. a) How many reals would you receive for $500 CAD? b) If you exchanged your reals back on the same day, how much in CAD would you get? c) How much, in Canadian dollars, would you lose?
a) 1,025.05 Reals b) $495.27 c) $4.73
500
Jeff is making $15,980 renovating a house. His costs for supplies would be $12,250 and would have to pay a labourer for 36 hours at $12.45 an hour. How much will Jeff make?
$3,281.80
500
You earn $4500 per month as a gross salary. Your before-tax deductions are CPP at 2% and EI at 4%. You then are taxed on what is left, at a rate of 34%. What is your net income?
$2791.80
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