Questions from Business Mathematics


Q: The provincial government’s Ministry of Forest Resources requires a spotter plane for

The provincial government’s Ministry of Forest Resources requires a spotter plane for its fire service. The price of a Hawk is $240,000, and its annual operating costs will be $60,000. Given the heavy...

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Q: A piece of machinery has depreciated by 55% of its original

A piece of machinery has depreciated by 55% of its original purchase price during the past four years, to the current value of $24,300. What is the dollar amount of the total depreciation during the l...

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Q: General Paint and Cloverdale Paint normally offer the same prices. For

General Paint and Cloverdale Paint normally offer the same prices. For its Spring Specials Sale, General Paint has marked down the price of outdoor latex paint by 30%. What percentage more will you pa...

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Q: Old Navy reported that its sales in November 2018 were up 19

Old Navy reported that its sales in November 2018 were up 19.7% from its sales in May 2018. What percentage were May sales of November sales?

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Q: If operating expenses are 40% of revenue, by what percentage

If operating expenses are 40% of revenue, by what percentage does revenue exceed operating expenses?

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Q: A company has 50% less equity financing than debt financing.

A company has 50% less equity financing than debt financing. What percentage of the equity is the debt? What percentage more debt financing than equity financing does the company have?

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Q: Elegance shampoo has a suggested retail price of $4.49

Elegance shampoo has a suggested retail price of $4.49 for its 500-mL bottle. The manufacturer of the shampoo wants to increase the unit retail price by 10% at the same time that it reduces the contai...

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Q: Calculate the missing value: Initial Value = 0.095

Calculate the missing value: Initial Value = 0.095 Final Value = 0.085 Percent Change = ?

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Q: The manufacturer of Caramalt chocolate bars wants to implement a 7.

The manufacturer of Caramalt chocolate bars wants to implement a 7.5% increase in the unit retail price along with a reduction in the bar size from 100 g to 80 g. If the current retail price of a 100-...

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Q: The share price of Goldfield Resources fell by $4 in Year

The share price of Goldfield Resources fell by $4 in Year 1 and then rose by $4 in Year 2. If the share price was $6 at the end of Year 1, what was the percent change in share price each year?

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