Maths And Driving Flashcards

1
Q

How do you determine the % decrease of a motor vehicle?

A

Purchase decrease
———————– X100
Purchase price

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2
Q

Green slip ( compulsory third party insurance) covers what?

A

Protects vehicle owners and drivers

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3
Q

Third party property insurance covers?

A

Damage caused by your car to another’s property in an accident

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4
Q

Comprehensive insurance covers?

A

Covers damage to your own vehicle aswell as another’s property.

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5
Q

Damage caused by your car to another’s property in an accident.
Which insurance?

A

Third party property

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6
Q

Protects vehicle owners and drivers

Which?

A

Green slip (third party compulsory)

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7
Q

Covers damage to own vehicle aswell as another’s property

A

Comprehensive insurance

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8
Q

Insurance premium is the cost of

A

Taking out an insurance cover

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9
Q

A no claim bonus is a discount on______

A

Insurance premium

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10
Q

Stamp duty

A

Tax paid to government when registering /transferring a vehicle

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11
Q

The amount of stamp duty is based on?

A

Price of vehicle

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12
Q

Stamp duty of vehicles formula?

A
  1. Round up to nearest $100 (per $100)
  2. express stamp duty as fraction /decimal ($3 per $100 =0.03)
  3. multiply step 1 answer by decimal in step 2
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13
Q

Fuel consumption

A

The number of litres used per100km

/100km

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14
Q

Fuel consumption formula?

A
FC=amount of fuel (L)
       -------------------X100
      Distance travelled (km)
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15
Q

Depreciation is the

A

Reduction of an asset over time due to wear and tear

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16
Q

Straight line depreciation occurs when?

A

When item decreases by same amount each year

17
Q

Declining balance depreciation?

A

When the value of an item decreases by a fixed % each time period
(With the value changing each time period, consequently the decline in value )

18
Q

Stopping distance formula?

A

Reaction time distance
+
Breaking distance
=

19
Q

Blood alcohol content?

A

The no, grams of alcohol per 100 mililitres (ml) of blood

20
Q

Why isn’t motor vehicle an investment?

A

As it decreases in value directly after purchase