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Exam 3: Ratio, Proportion, and Percent

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Question 31

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A special purpose index has increased 155% during the last ten years. If the index is now 310, what was the index ten years ago?

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Let the index ten years ago be...

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Question 32

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Four beneficiaries are to divide an estate of $500 000 in the ratio : : : . How much should each receive?

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Ratio: : : : = : : : = 8:6:3:1
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Question 33

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A discount brokerage house charges a fee of 2 3/4%. If its fee on a stock purchase was $757, what was the amount of the purchase?

The Canada Pension Plan premium deducted from an Peter's wages was $650.25. If the premium rate is 2.925% of gross wages, how much were Peter's gross wages?

Solve: x: = 1 :

How much is $25.00 increased by 25%?

$165.00 is what percentage less than $247.50?

Manufacturing overhead is charged to three operating divisions on the basis of capital investment in the three divisions. If the investment is $10.8 million in the Eastern Division, $8.4 million in the Southern Division, and $17.4 million in the Far Eastern Division, how should manufacturing overhead of $888 000 be allocated to the three divisions?

After a reduction of 16 2/3% of the marked price, a pair of boots sold for $60.00. What was the marked price?

Calculate: % of $100.00

Solve: : = : t

On April 4, 2001 the Dow Jones Industrial (DJIA) average increased to 9918.05. This represented a one-day increase of 327.63 points. What percentage increase occurred on this day?

Solve: 2.18:1.61 = k:4.4

The cost of a unit is made up of $120.00 direct material cost, $80.00 direct labor cost, and $20.00 overhead. What is the ratio that exists between the three elements of cost?

$32 is what percent of $26?

At Upscale Corporation, direct selling expense amounted to $3500 while sales volume was $97 500 for last month. What is the ratio of direct selling expense to sales volume?

Calculate the cost of a $312.00 suit if the price is increased by 2 %.

Use the income tax table 3.3 on page 133 of your text to calculate. What is your federal tax payable if you had taxable income of $134 763?

Solve: n:6 = 24:42

A storekeeper bought merchandise for $1798. If she sells the merchandise at 33 1/3% above cost, how much gross profit does she make?