Question

1. Fairview Electronics ordered 148 Type 56Y222 motherboards. When these were installed, it was found that 22 were defective and had to be replaced. What percent of the total order was not defective? Give your answer correct to two decimal places. (4 marks)

2. Huron Hills recreation Complex had a net profit of $345,780 last year. If this profit was 13% of total income, calculate the total income for last year, giving answer correct to nearest dollar. (4 marks)

3. An electric stove carries a selling price of $768.65. Calculate the sales tax of 9% and the total cost of the stove to the purchaser. (3 marks)

4. An electric clothes dryer is priced at $458.99. Calculate the sale price if it is put on sale at 33% off the selling price. (3 marks)

5. Mark bought a suit for $395.97, a shirt for $73.95 and a tie for $25.59. Find the total amount Mark paid if a sales tax of 12% and the GST of 7% are added. (3 marks)

6. Paul bought and sold computers. He wrote his business activity as follows:

Cost price of computer           - $1064

Marked price of computer      - $1399

Discount on marked price      - 5%

(if paid by cash)

Calculate (i) the selling price (paid cash) (2 marks)

               (ii) the profit or loss as a percentage of the cost (3 marks)

7. A pair of shoes priced at $150 is on sale at a discount of 10%. A sales tax of 10% is charged. What is the final sale price paid for the pair of shoes? (3 marks)

8. A customer paid GST of $123.23 on the purchase of a ride-on lawn mower. The GST is 8% of the purchase price. Calculate the purchase price of the mower. (3 marks)

9. By selling an article for $486.37 the business owner makes a profit of 45% on the cost price. What was the cost price of the article? (3 marks)

Please show me the solution...

Answer 1