Questions from Business Mathematics

Q: The Edmonton Real Estate Board reports that the average selling price of

The Edmonton Real Estate Board reports that the average selling price of homes last month in the greater Edmonton area was $338,500, an increase of 8.7% over the past year. Rounded to the nearest $100...

Q: Mountain Sports is advertising “30% off all ski equipment”

Mountain Sports is advertising “30% off all ski equipment” in its Spring Clearance Sale. On ski boots marked down to $348.60, what is the regular price?

Q: Last year, Canada’s exports to the U.S. exceeded

Last year, Canada’s exports to the U.S. exceeded imports from the U.S. by 23%. By what percentage were the United States’ exports to Canada less than its imports from Canada?

Q: In one seven-month period Apple projects sales of 55.

In one seven-month period Apple projects sales of 55.0 million iPhones. This outpaces the projected sales of Galaxy phones by 35%. What are the projected sales for the Galaxy phone for the same period...

Q: In one three-month period, Apple sells 61.0

In one three-month period, Apple sells 61.0 million iPhones. This represents a year-over-year increase of 40%. What were the sales for the iPhone for the same three-month period in the previous year (...

Q: Calculate the missing value: Initial Value = 0.11

Calculate the missing value: Initial Value = 0.11 Final Value = 0.13 Percent Change = ?

Q: Mutual Fund A charges an annual management fee of 2.38

Mutual Fund A charges an annual management fee of 2.38% of money under management. The corresponding management fee for Mutual Fund B is 1.65%. On the same invested amount, what percentage more fees w...

Q: The number of daily active Snapchat users decreased from 191 million in

The number of daily active Snapchat users decreased from 191 million in March 2018 to 186 million users in September 2018. What is the resulting percent reduction in the number of daily active Snapcha...

Q: In June 2018, Facebook estimated it had 2,270,

In June 2018, Facebook estimated it had 2,270,000,000 daily active users, up 9.6% from a year earlier. What was the absolute increase, year-over-year, in the number of daily active users (rounded to t...

Q: The price of shares of Nadir Explorations Ltd. fell by 76

The price of shares of Nadir Explorations Ltd. fell by 76% in the past year, to the current price of $0.45 per share. In dollars and cents, how much did the price of each share drop in the past year?...