CHAPTER 1 Flashcards
(12 cards)
What is 180 km/3 hrs per hour?
= 60km/h
HCF and LCM of 8 and 12?
HCF = 4 LCM = 24
3/7:1/2?
6/14:7/14
= 6:7
$200 divided into 7:3?
7+3 = 10 parts
$200 / 10 = $20
7 x 20 = $140
3 x 20 = $60
= $140:$60
Best Buy:
3kg carrots for $6.45
5kg carrots for $10.20
3kg bag: 6.45/3 = $2.15/kg
5kg bag: 10.20/5 = $2.04/kg
= 5kg bag is best buy
OR
3kg bag: 3/6.45 = 0.465…/$
5kg bag: 5/10.20 = 0.490…/$
= 5kg bag is best buy
Compound Interest formula?
A = P (1+R)^n
Eg) $300 at 5% for 3 years
Amount = 300(1+5%)^3
= $3472.88
Simple Interest Formula?
I = PRN
= $2000 x 5% x 4
= $400
Amount = P + I
= 2000+4000
= $2400
Applying percentages?
(Profit/loss)/(cost price) x 100 %
Percentage Increase?
Increase 20 by 6%
= 20 x 6 %
= 1.2 + 20
= 21.2
Percentage Decrease?
Decrease $20 by 5% = $20 x 5% = 1 = 20-1 = 19
Income and Tax?
Wage: hourly rate with overtime at time and a half (1.5)
Salary: gross income - tax
What is amount if 5% of amount = 32
32/5%
=640 is original amount