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    Solutions

    Uploaded by

    Rejesh Melad
    The document contains multiple word problems involving calculating costs of fences, land areas, property purchases and sales with various rates of interest, down payments, commissions, and desired profit margins. The solutions show setting up equations based on the given rates, amounts, areas, etc. and calculating the requested values such as total costs, monthly amortization amounts, and selling prices that achieve a specified gross profit.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Solutions

    Uploaded by

    Rejesh Melad
    347 views2 pages
    The document contains multiple word problems involving calculating costs of fences, land areas, property purchases and sales with various rates of interest, down payments, commissions, and desired profit margins. The solutions show setting up equations based on the given rates, amounts, areas, etc. and calculating the requested values such as total costs, monthly amortization amounts, and selling prices that achieve a specified gross profit.

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    The document contains multiple word problems involving calculating costs of fences, land areas, property purchases and sales with various rates of interest, down payments, commissions, and desired profit margins. The solutions show setting up equations based on the given rates, amounts, areas, etc. and calculating the requested values such as total costs, monthly amortization amounts, and selling prices that achieve a specified gross profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    347 views2 pages

    Solutions

    Uploaded by

    Rejesh Melad
    The document contains multiple word problems involving calculating costs of fences, land areas, property purchases and sales with various rates of interest, down payments, commissions, and desired profit margins. The solutions show setting up equations based on the given rates, amounts, areas, etc. and calculating the requested values such as total costs, monthly amortization amounts, and selling prices that achieve a specified gross profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    A perimeter wall will be constructed on a 300 sqm. regular lot having a frontage of 15 meters.

    The wall is 1 meter below and 3 meters above ground. If cost is P1200.00 per sqm. compute the
    total cost of the wall excluding a 4 meter wide gate.

    Lot area = 300sqm

    Height of fence = 4m

    Depth = 300sqm / 15m = 20m

    Total cost of wall = [(2 x 15m x 4m ) + (2 x 4m x 20 m) – (4m x 4m) ]x P1200.00 / sqm = 316,800

    If a lot measures 12meters in width and 10meters in depth, How much did the buyer pay if the
    cost per square meter of the lot is P 8,500?
    Cost / sqm = 12m x 10m x P8500 / sqm = 1020000
    Mr. Badoodle owns a 500 sqm. rectangular lot with a 20 meter frontage. He wanted to enclose it
    with a fence made of hollow blocks, 3.5 meters high above the ground with 1.0 meter below the
    ground. The fence cost P950.00 per square meter. How much will the fencing cost if a 4 meter
    wide steel gate costing P32,350.00 is installed.Lot area = 240sqm

    Depth = 500/20m = 25m

    Height of fence = 4.5

    Total cost of wall + gate cost = [ 2x20x4.5 + 2x25mx4.5 – (4mx4.5) ] x 950/sqm + 32350 = 400000

    Mr. Samson hired the services of a broker to sell his property. The owner said he bought it at P
    6,300,000.00 and wants a 30% gross profit. If you were a broker, at how much would you sell the
    property? If you will be paid 5% commission, how much shall be added to the selling price that the 30%
    profit of Mr. Samson will not be affected?

    Selling Price = 7,000,000 +30% = 9.1 M

    Seling Price incl. commission = 9.1 M/(100% - 7%) = 9,784,946.236

    Hitler sold a property for 8.5M inclusive of a 5% commission. How much is the net selling price
    of Hitlers property?
    Net selling price = 8.5/1.05 = 8095238

    Juan Tamad bought a 2,000 sqm. lot at P8,000.00 per sqm. on installment basis with 20%
    downpayment and the balance payable in 5 years at 21% interest per annum. Compute the
    monthly amortization of the loan : (Factor is 0.02705)
    Total contract price = 2000sqm x P8000/sqm = 16Million
    Downpayment = 16M x 20% = 3.2M
    Balance = 16M – 3.2M = 12.8M

    Monthly amortization = 12.8M x .02705 = P346,240


    The title of the property describes the land as consisting of 10 hectares, 85 ares, and 10000
    centares. What is the area of the land in square meters?

    10 ha. x 10,000 sqm. / ha. = 100000 sqm.

    85 ares x 100 sqm. = 8,500 sqms

    10000 centares x 1 sqm. = 10000 sqms

    Total = 118500 sqms.

    What is the Monthly Amortization (MA), if the Amount of Loan (Principal) is P3.5M at 9.5%
    interest rate thru the HDMF financing for 25 years (Amortization Factor =0.008737)

    Monthly amortization = 3.5M x .008737 = P30579.50

    At how much should Badong sell his property acquired at P15,500,000.00 is she desires a 30%
    gross profit rate?

    P15,500,000.00 x 1.30 = P 20,150,000


    At how much should Luigi sell his property acquired at P7,500,000.00 is he desires a 30% gross
    profit rate?

    P7500000x1.3 = P9,750,000.00

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