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Tutorial Problem Set 1: Week 1-2: Prepared By: Course Coordinator Ronald R. Kumar - Semester 1, 2021-FM101

This document contains a tutorial problem set with 9 multi-part questions covering topics such as: evaluating expressions, determining slopes of lines, solving systems of linear equations, investment allocation, production planning, and more. The problems provide practice with algebraic and quantitative reasoning skills.

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Kristel Andrea
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98 views3 pages

Tutorial Problem Set 1: Week 1-2: Prepared By: Course Coordinator Ronald R. Kumar - Semester 1, 2021-FM101

This document contains a tutorial problem set with 9 multi-part questions covering topics such as: evaluating expressions, determining slopes of lines, solving systems of linear equations, investment allocation, production planning, and more. The problems provide practice with algebraic and quantitative reasoning skills.

Uploaded by

Kristel Andrea
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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*

Tutorial Problem Set 1: Week 1-2

March 4, 2021

1. Evaluate the following when a = 1, b = 3,and c = 27


(a) 6a2 + 2bc − 2c 3
1

(b) 6a − 2b2 c

2. Determine the slope of and sketch the equations


(a) y = −3x + 2
(b) 2x + 5y − 10 = 0

3. Find an equation of the line given the information:


(a) m = −2, and passing through (2, −3)
(b) Vertical line passing though (2, 5)
(c) Slope is undened, and passing though (−1, −3)
(d) m = 0 and passing through (4, 5)
(e) Parallel to 2x + 5y − 10 = 0 and passing though (1, 0)
(f) x-intercepts: (x1 , x2 ) = (0, 2) and y-intercepts: (y1 , y2 ) = (6, 0)

4. Answer the following questions. Treat each parts (ab), (b) and (c) inde-
pendently
(a) A bank lent $118, 500 to a company for the development of two prod-
ucts. If the loan for product A was for $34, 500 more than that for
product B, how much was lent for each product?

(b) Suppose the sales of a company are given by S = 500x + 4000 where
x is measured in years and x = 0 corresponds to the year 2009.
i. Find S when x = 0
* Prepared by: Course Coordinator Ronald R. Kumar - Semester 1, 2021-FM101

1
ii. Find S when x = 2
iii. Find S at year 2020.

(c) A manufacturer produces books at a daily cost of $0.85 per book


and sells them for $1.10 per book. The daily operational overhead is
$400. Determine the break-even point.

5. Answer the following questions. Treat each parts independently.


(a) Decide whether the values of the variables listed are the solutions of
the system of equations
(
2x − y =5
i. where x = 2, y = −1
5x + 2y =8

(
3x + 4y =4
ii. 1
where x = 2, y = 1
2
2 x − 3y = − 12

(b) State whether these systems of equations are consistent or inconsis-


tent. Where the system is consistent, determine the values of x and
y.
(
x+y =8
i.
x−y =4

(
4x + 2y =8
ii.
2x + y =5

(
2x + y =1
iii.
4x + 2y =2

(c) Solve the following system of linear equations by elimination


(
−2m + n = 12
i.
3m + 5n = 2
(d) Solve the following system of linear equations by substitution
(
1
2m + 13 n = 3
i. 1
4m − 23 n = −1

6. The Jo family's farm has 50 acres of land to grow pineapple and taro. The
cost for planting pineapple was $150 per acre and the cost of planting taro
was $100 per acre. Jo has a budget of $7, 000 for planting these crops. If
Jo wishes to exhaust the land use and the money he budgeted, how many

2
acres of each crop should be planted?

7. A movie theater charges adult for $6.50 and children for $5. On a day
when 300 people paid admission, the total receipts were $1, 800. How
many were adults and how many were children on that day?

8. Billy has $150, 000 to invest. He requires a return on his investments of


$12, 000 per year. As his nancial consultant, you recommend he invest a
certain amount of money in a promissory note that yield 5% per annum,
and certain amount in a long-term government bond that yield 10% per
annum. Find the amount that should be allocated to each asset for Billy
to secure a return on his investment of $12, 000.

9. A company specializes in producing Cans and Bottles. Each Can requires


2 people in production section and 1 person in packaging section (each
day). Each Bottle requires 4 people in production section and 5 people
in packaging section. How many Cans and Bottles must be produced per
day to keep 70 people in the production and 65 people in the packaging
section?

~END ~

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