My Shiz
Business Mathematics HW 1
Compute the following Conversions. 1) a. 324.5% = , Change to decimal. b. 1000 % = , Change to a fraction c. 0.0875 = , Change to a percent.
Calculate the missing values 2) a. Decreasing the base value of 140 by 60% gives the new value?
b. Profits were $4400 last month and increased by 4% this month. Calculate the profit and Total amount at the end of the month.
c) Profits were $ 11,000 last month and $10,000 the previous month. The rate of increase was?
d) Sales were $500,000 in June but only $400,000 in July. The rate of decrease was?
3) Roberta Rivas sells commercial restaurant supplies and equipment. She is paid on a commission only basis. She receives 2% for her sales up to $60,000.For the next 90,000 of sales she is paid 3% and for any sales above $150,000 she is paid 4%. How much commission would she earn in a month when her sales were $165,000?
4) When a sum of money is increased by 25% it becomes $1,750. What was the original sum?
5) Compute the commission if sales are $50,000 and the commission is at 10%?
6) Compute the commission and total pay if Base salary $3,500, Sales $150,000 and commission is at 12%.
7) Teresa Gomez is a commission merchant specializing in consignment sales of antique furniture. Hank Wendell, A furniture owner, sets the price of his antique furniture at $5000. He agrees to pay Teresa a 15% commission plus $145 shipping from his home to her showroom. He also agrees to reimburse Teresa $188 for shipping the antiques from her showroom to the buyer’s home. What will be Hank’s Net proceeds from the sale?
8) Increasing the base value of 240 by 25% gives the new value?
9) Start with 65, increase it by 60% and end up with?
10) Base Value = 350 decrease by 100% gets what new value =?
11) The duty on an article is 20% of its value. If the duty is $80, find the value of the article? 12) Convert the following
Compute the following Conversions. 1) a. 324.5% = , Change to decimal. b. 1000 % = , Change to a fraction c. 0.0875 = , Change to a percent.
Calculate the missing values 2) a. Decreasing the base value of 140 by 60% gives the new value?
b. Profits were $4400 last month and increased by 4% this month. Calculate the profit and Total amount at the end of the month.
c) Profits were $ 11,000 last month and $10,000 the previous month. The rate of increase was?
d) Sales were $500,000 in June but only $400,000 in July. The rate of decrease was?
3) Roberta Rivas sells commercial restaurant supplies and equipment. She is paid on a commission only basis. She receives 2% for her sales up to $60,000.For the next 90,000 of sales she is paid 3% and for any sales above $150,000 she is paid 4%. How much commission would she earn in a month when her sales were $165,000?
4) When a sum of money is increased by 25% it becomes $1,750. What was the original sum?
5) Compute the commission if sales are $50,000 and the commission is at 10%?
6) Compute the commission and total pay if Base salary $3,500, Sales $150,000 and commission is at 12%.
7) Teresa Gomez is a commission merchant specializing in consignment sales of antique furniture. Hank Wendell, A furniture owner, sets the price of his antique furniture at $5000. He agrees to pay Teresa a 15% commission plus $145 shipping from his home to her showroom. He also agrees to reimburse Teresa $188 for shipping the antiques from her showroom to the buyer’s home. What will be Hank’s Net proceeds from the sale?
8) Increasing the base value of 240 by 25% gives the new value?
9) Start with 65, increase it by 60% and end up with?
10) Base Value = 350 decrease by 100% gets what new value =?
11) The duty on an article is 20% of its value. If the duty is $80, find the value of the article? 12) Convert the following