Making Purchases – Apprenticeship and Workplace Mathematics 10
Making Purchases – Apprenticeship and Workplace Mathematics 10
Making Purchases – Apprenticeship and Workplace Mathematics 10
Making Purchases
Apprenticeship and Workplace
Mathematics
(Grade 10/Literacy Foundations Level 7)
© 2012 by Open School BC
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Course History
New, March 2012
Project Partners
This course was developed in partnership with the Distributed Learning Resources Branch of Alberta
Education and the following organizations:
• Black Gold Regional Schools
• Calgary Board of Education
• Edmonton Public Schools
• Peace Wapiti School Division No. 76
• Pembina Hills Regional Division No. 7
• Rocky View School Division No. 41
Project Management: Jennifer Riddel
Content Revisions: Jennifer Riddel, Esther Mereno
Edit: Leanne Baugh, Monique Brewer
Math Edit: Learning Centre of the Greater Victoria School District Continuing Education
Program:
• Nigel Cocking
• Keith Myles
• Bill Scott
School District 47, Powell River: Tania Hobson
Table of Contents
Section Organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . V
Making Purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Lesson A: Unit Prices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Lesson B: Price Increases and Decreases. . . . . . . . . . . . . . . . . . . . . . . . . 19
Lesson C: Currency Exchange. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Appendix. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61
Solutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
Data Pages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
Section Organization
This section on Making Purchases is made up of several lessons.
Lessons
Lessons have a combination of reading and hands-on activities to give you a
chance to process the material while being an active learner. Each lesson is made
up of the following parts:
Essential Questions
The essential questions included here are based on the main concepts in
each lesson. These help you focus on what you will learn in the lesson.
Focus
This is a brief introduction to the lesson.
Get Started
This is a quick refresher of the key information and skills you will need to be
successful in the lesson.
Activities
Throughout the lesson you will see three types of activities:
You will mark these activities using the solutions at the end of each section.
Explore
Here you will explore new concepts, make predictions, and discover patterns.
Lesson Summary
This is a brief summary of the lesson content as well as some instructions on
what to do next.
Solutions
This contains all of the solutions to the Activities.
Appendix
Here you will find the Data Pages along with other extra resources that you need
to complete the section. You will be directed to these as needed.
Glossary
This is a list of key terms and their definitions.
Icons
Throughout the section you will see a few icons used on the left-hand side of
the page. These icons are used to signal a change in activity or to bring your
attention to important instructions.
Solutions
My Notes
The column on the outside edge of most pages is called “My Notes”. You can use
this space to:
You will be expected to have certain tools and materials at your disposal while
working on the lessons. When you begin a lesson, have a look at the list of items
you will need. You can find this list on the first page of the lesson, right under the
lesson title.
In general, you should have the following things handy while you work on your
lessons:
• a scientific calculator
• a ruler
• a geometry set
• Data Pages (found in the Appendix)
Making Purchases
Shopping is an integral part of our day-to-day lives. From the food in your fridge,
to the clothes in your closet, most of the items in your home were purchased from
somewhere: maybe from a store, an online shop, or an individual. How we decide
on what to buy depends on a number of factors. One of the most influential factors
is money. Whether you are shopping in Canada or in a foreign country, you need to
know how much money you have and how much an item costs in order to make an
informed decision about your purchase.
In this section, you will learn how to choose the best price by comparing unit prices
and considering price increases and decreases. You will also learn how to make wise
shopping choices when traveling in other countries by learning how to convert
between different currencies.
Lesson A
Unit Prices
To complete this lesson, you will need: In this lesson, you will complete:
• a calculator • 6 activities
• to take a trip to a local grocery store
Essential Questions
• How do you determine the best buy if unit price, quality, and quantity are all
factors you must consider?
My Notes Focus
“Generally, the larger size is a better value,” Mila says. “But, not
always!” Bring the containers to the counter, and I’ll use my
calculator to check. Also think about whether you would use all 500
tablets before they expire.”
Get Started
When making purchases you’ll notice that items are often sold by
weight. Some items may be sold by the pound while others may be
sold by the kilogram. In the examples and in Activity 1, you will
review how to convert between these masses.
Remember that:
1 kg ≈ 2.2 lb
That means that a kilogram weighs more than a pound.
My Notes
Did You Know?
Did you know that a packaged piece of salami weighs
approximately a pound? And that a whole pineapple weighs
approximately a kilogram?
Example 1
Convert and round to the nearest tenth.
Solution
a. A kilogram weighs more than a pound. So, to convert pounds
into kilograms, divide by 2.2.
18 ÷ 2.2 = 8.181818…
18 lbs is approximately 8.2 kg.
Activity 1
Self-Check
1. Fill in the blanks. (Round each answer to one decimal place.)
a. 8 lb is approximately kg
b. 6.2 kg is approximately lb
c. 35 kg is approximately lb
d. 115 lb is approximately kg
My Notes Explore
Example 2
Skyler can buy baking almonds from the bulk bins for $0.99/100g. He
can also purchase a 250-g package of almonds for $7.99. Which is the
better buy?
Solution
The two prices are for different amounts of almonds. To compare the
prices, you need to find the price per 100 g of the packaged almonds.
Use a proportion to find the price per 100 grams. Make sure:
• the numerators of both fractions contain the price in dollars
• the denominators of both fractions contain the amount
(weight) of almonds in grams
$7.99 x
=
250 g 100 g
Find the cross products.
$7.99 x
=
250 g 100 g
( x )(250 g)=($7.99)(100 g) To isolate x, divide both
($7.99)(100 g) sides by 250 g
x=
(250 g)
x = $3.20
To the nearest cent, the cost per 100 g of the packaged almonds is
$3.20.
At $0.99/100 g, the bulk almonds are a better buy than the packaged
almonds.
Activity 2 My Notes
Self-Check
Kim finds jellybeans at the local supermarket. Help Kim decide which
jellybeans are the better deal: those from the bulk bin, which sell for
$0.49/100g, or the 150-g package, which sells for $1.39.
Activity 3
Try This
In this activity you will explore the difference in price between at least
five items sold in bulk and the same five items sold in 100-g packages.
Prepare: Make a trip to your local grocery store or look on the Internet
to find prices to complete the table below. Record prices from five
items in the bulk aisle. Then find the prices of equivalent pre-packaged
goods. Remember to record the weights of the pre-packaged items.
2. Were any packaged items cheaper than the equivalent bulk items?
When you are calculating unit prices for items sold by weight, these
are some possible units you will work with:
• pounds (lb)
• kilograms (kg)
• 100 grams (100 g)
When you are calculating unit prices for items sold by volume, these
My Notes
are some possible units you will work with:
• litres (L)
• 100 millilitres (100 mL)
Which units you work with depends on what makes for a reasonable
answer. When weighing a small spider it would make sense to work in
grams. However, when weighing yourself pounds or kilograms makes
more sense. The comparison unit you use depends on the context.
Example 3
In Canada, prices of fruits and
vegetables are often posted in the
store per pound. The per-kilogram
price is often on the sticker in a
much smaller print size. However,
if you look at your cashier’s
receipt, the prices will be printed
per kilogram.
Photo by SeDmi © 2010
Solution
Method 1: Estimation
Remember that 1 kg ≈ 2.2 lb and that in this problem, 1 lb costs $0.59
or approximately 60¢.
Step 1:
Multiply by 2.
2 × 60¢ = 120¢
Step 2:
Take 20% of 60¢ by finding 10%, and then doubling it. You know
that 10% of 60¢ is 6¢. To find 20%, double 6¢ , which is 12¢.
Step 3:
My Notes
Add the results of Step 1 and Step 2 together.
Method 2: Calculator
Remember that 1 kg ≈ 2.2 lb and that in this problem, 1 lb costs $0.59.
Multiply by 2.2.
1 kg ≈ $0.59 × 2.2
1 kg ≈ 1.298
1 kg ≈ $1.30
Activity 4
Self-Check
In the following questions you will convert prices between pounds
and kilograms.
2. Penny is checking her receipt from her recent shop at the grocery
store. She remarks that the chicken thighs she purchased cost
$4.38/kg. What would have been the price per pound advertised
at the store?
Example 4
A specialty sausage in the deli department of a local supermarket is
advertised for $2.69/100 g.
Example 5
The local supermarket displays unit prices for its canned goods, such
as soups, to the nearest tenth of a cent per 100 mL. A 284-mL can of
tomato soup sells for $0.49. What is the unit price the store would
display on the shelf?
Solution
Since the unit prices are given to the nearest tenth of a cent, use cents
in your calculations. So $0.49 = 49¢.
A can of tomato soup is 49¢ for 284 mL. What you need to find out is
how much 100 mL would cost. Do this by setting up a proportion. Let
x be the price per 100 mL.
49 x
= cross multiply
284 100
x = 17
7.25352113...
My Notes Activity 5
Self-Check
Use unit prices to see which item is the better buy.
My Notes Activity 6
Mastering Concepts
Precious metals are quoted in dollars per troy ounce. A troy ounce is
31.103 4668 g.
On January 31, 2010, the price of gold was $1156.83 Canadian per
troy ounce. On that date, how much was 1 kg of gold worth?
Lesson B
Price Increases and Decreases
To complete this lesson, you will need: In this lesson, you will complete:
• an assortment of sales flyers • 6 activities
• a calculator
Essential Questions
My Notes Focus
Get Started
Are the flyers attractive and well laid out, and do they highlight items
of interest? Are there items on sale for less than regular price? Are
percent discounts featured or are the dollar values of the discounts
displayed? How can you tell, for instance, if $10.00 off is as good as a
discount of 20%?
Percents My Notes
When you are working with percents, it is important to be able to
convert among percents, decimals, and fractions.
For example:
15
15% means 15 out of 100 and as a fraction this would be
3 100
which can be reduced to .
20
15
• To change a fraction like to a decimal, divide the
100
numerator by the denominator.
15 ÷ 100 = 0.15
For example:
2 2 × 20 40
= =
5 5 × 20 100
2
So is equal to 40%
5
• To change a decimal to a percent, move the decimal point two
place values to the right and put it over 100.
For example:
13.5
=
0.135 = 13.5%
100
My Notes Activity 1
Self-Check
1. Review the first two rows of the table. Then complete the rest of
the table.
Question Percent Fraction Reduced Decimal
Fraction
Example 10% 10 1 0.1
100 10
Example 15% 15 3 0.15
100 20
a. 45%
b. 1
4
c. 0.015
1
2. Write as a decimal and a percent.
3
Explore My Notes
Discounts
Is “25% off” or “$10.00 off” the better sale? It depends on the original
cost of the item. But how can you figure out how much money you’ll
save when you are only told the percentage? This next example will
show you how to change a percent discount into actual dollar-and-
cents savings.
Example 1
Brandon is looking at a menswear flyer. Dress
socks regularly priced at $7.99 a pair are
advertised at 25% off.
Solution
a. 100% of the price is $7.99
You save 25% of the price. This has
been shaded below. Photo by tadija © 2010
$0 $4.00 $7.99
0% 50% 100%
My Notes Activity 2
Try This
In this activity you will calculate sales prices from percent discounts
advertised in flyers or on the Internet.
b.
c.
d.
e.
Ranking:
Website #2:
Ranking:
Website #3:
Ranking:
Example 2
The regular price of a child’s toy guitar is $16.00. The guitar is on sale
for 25% off. What is the sale price?
Alternate Method
Determine the discounted price by subtracting the percent discount
from 100. If the original price is discounted 25%, the discounted price
must be 100% – 25% = 75% of the original price. If you look at the
image below, the area not shaded is equal to the discounted price, 75%.
$0 $8.00 $16.00
My Notes
0% 50% 100%
Activity 3
Self-Check
In the following question you will use the two methods shown in
Examples 1 and 2 to find the sale price.
How much do you think the grocery store paid for the pack of gum
you bought for $1.99 last week? You might think of the selling price
as the wholesale price plus the markup.
Example 3
The local electronics store buys a certain brand of digital camera for
$75.00 and marks the price up 70%. What is the dollar markup and
what is the selling price?
Solution
The mark up is 70% of $75.
$0 $37.50 $75.00
0% 50% 100%
Method 1
First, find the dollar markup.
Method 2
My Notes
Find the selling price first.
The wholesale price was increased by 70%. So, the selling price is
100% of the buying price, plus the 70% increase.
So, the selling price = 100% of the wholesale price + 70% of the
wholesale price
= 170% of the wholesale price
= 1.70 × $75
= $127.50
Activity 4
Self-Check
In the following questions you will use both methods to find the
increased prices.
2. Taxes are another way prices are increased. When you purchase
My Notes
most things in Canada, you will have to pay additional taxes.
In 2010, in Manitoba the provincial sales tax is 7% and the federal
GST is 5%. Fabbio has just purchased a slow cooker listed at
$17.99 from a store in Winnipeg. What was the total cost of his
purchase? How much did he pay in taxes?
Example 4
Photo by Marsel82 © 2010
Dual shock controllers for gaming
are $49.99 after a discount of $5.00. What was the original price and
what is the percent discount? Round to the nearest tenth of a percent.
Solution
original price = Sale Price + Dollar Discount
= $49.99 + $5.00
= $54.99
Method 1
Set up a proportion.
Method 2
Divide the dollar discount by the original price. Then convert to a
percent.
Example 5
A clothing store buys a line of men’s suits for $150.00 each from a suit
wholesaler. The store owner decides he must mark up the price of each
suit by $90.00 in order to make a profit. What is the percent markup?
Solution
Another way to phrase this question is “What percentage is $90 out
of $150?” We’ll show two methods for solving this problem.
Method 1
My Notes
Set up a proportion.
x 90
=
100 150
x 90
(100 ) = (100 )
100 150
x = 60
Method 2
Convert a fraction to a percent.
markup price 90
=
wholesale price 150
= 0.6
= 60%
My Notes Activity 5
Self-Check
1. A business supply store advertises anti-virus software for $29.99.
This is the price after a $30.00 discount.
a. What was the original price?
My Notes Activity 6
Mastering Concepts
Macey runs a gift store in Whitehorse. She has purchased stone
inukshuk souvenirs at a wholesale price of $40.00 each.
In this lesson you analyzed selling prices after applying either a dollar
or percent increase or decrease.
Lesson C
Currency Exchange
To complete this lesson, you will need: In this lesson, you will complete:
• access to the Internet (optional) • 7 activities
• your calculator
Essential Questions
• What is the difference between the selling rate and the buying rate when
exchanging currencies?
• How are exchange rates used to convert between the Canadian dollar and
foreign currencies?
My Notes Focus
Anna and her mother have booked their trip through a local travel
agent. The travel agent has been very helpful and has given them
advice on what they will need, from passports to American currency.
The travel agent has a map on the wall of some of the places she has
visited, and Anna thinks to herself, “I bet being a travel agent would
be a great career!”
Get Started
When you exchange one currency into another, you quite often will
need to solve a proportion.
Let’s review the types of proportions you would use for exchanging
currencies. Work through the following examples and then try
Activity 1.
Example 1
My Notes
If one unit costs $2.15, how much would 20 units cost?
Solution
Since 1 unit = $2.15, then 2 units = $2.15 × 2, and 3 units = $2.15 × 3.
Following this pattern, then 20 units = $2.15 × 20 = $43.00
Example 2
There are 4 red dots for every 7 blue dots. How many red dots would
there be if there were 259 blue dots?
Solution
Set up a proportion.
red dots 4
=
blue dots 7
You are told that there are 259 blue dots, so substitute “259” for “blue
dots.” Put an “x” where it says red dots.
x 4
= Cross multiply and divide
259 7
to isolate x.
4(259)
x=
7
x = 148
My Notes Activity 1
Self-Check
Solve each problem using the method in either Example 1 or 2.
1. There are 4 squares for every 9 circles. If there are 180 circles, how
many squares are there?
2. For every hockey player on the team there are 16 fans in the
stands. If there are 12 hockey players on the team, how many fans
are in the stands?
Explore My Notes
Have you purchased items over the Internet where prices were given
in American dollars, British pounds, or euro (the currency used by
countries in the European Common Market)? If you have, you know
that you have to convert those currencies into Canadian dollars to
comprehend how much the item will cost you.
In the next activity, you will search for particular items on the
Internet priced in foreign currencies. This activity will give you an
idea whether these other currencies are worth more or less than your
Canadian dollar.
Activity 2
Self-Check
You will need access to the Internet to complete this activity.
Currency exchange rates change everyday. This is why the date was
given for the exchange rate above. Exchange rates depend on the
stock market—so what business and investors are willing to pay for
the currency. The value of the Canadian dollar will rise, for example,
when there is a demand for Canadian dollars to pay for the goods
Canada exports or to invest in Canada.
You will need access to the Internet to complete the next activity.
Activity 3
Try This
For this optional activity you will need your calculator and access to
the Internet.
You will recall that from Activity 2 that Heather was interested in the
prices (exclusive of taxes and other charges) consumers pay in several
other countries for a particular subcompact, fuel-efficient hatchback
she would love to own. Her research was as follows:
1. Complete the last column of the table, using the Bank of Canada’s
currency converter for today’s date.
Once you have the converter open, follow the steps below to
complete this activity.
Step 2: Select the currency you wish to convert from the “From” list.
Step 3: Select the currency you wish to exchange into from the “To”
list. For this activity, you will be choosing “Canadian dollar” from the
“To” list.
Step 4: Enter the amount you wish to convert, without spaces or any
My Notes
currency symbol, and click “Convert.”
*Please note: British pound may also be called "UK Pound Sterling."
3. You will recall that, in Get Started, you looked up foreign prices
for an item in which you were interested. Set up a table for your
item, just like Heather did for her hatchback. Use the Bank of
Canada currency converter for today’s date.
Country YOUR RESEARCH Name of Price in Canadian
Currency Dollars as of
Canada
Number of CAD
Currency Unit Units per 1.00 CAD
per Unit
ARS Argentina Pesos 3.611 723 7028 0.276 876 1074
AUD Australia Dollars 1.068 204 8782 0.936 150 0030
BMD Bermuda Dollars 0.941 902 1079 1.061 681 4546
BRL Brazil Reals 1.748 147 6561 0.572 034 0593
CAD Canada Dollars 1.000 000 0000 1.000 000 0000
CLP Chile Pesos 506.978 809 5743 0.001 972 4690
CNY China Yuan Renminbi 6.431 307 6574 0.155 489 3737
COP Colombia Pesos 1846.068 238 8706 0.000 541 6918
CRC Costa Rica Colones 520.400 914 6117 0.001 921 5954
DKK Denmark Kroner 5.047 264 9501 0.198 127 1064
DOP Dominican Republic Pesos 34.049 761 2004 0.029 368 7816
EGP Egypt Pounds 5.139 017 7605 0.194 589 7147
EUR Euro 0.677 984 6605 1.474 959 6242
HKD Hong Kong Dollars 7.315 705 8239 0.136 692 2104
ISK Iceland Kronur 119.859 046 6140 0.008 343 1333
INR India Rupees 43.431 106 7699 0.023 024 9716
ILS Israel New Shekels 3.491 919 7863 0.286 375 4213
JMD Jamaican Dollars 84.042 384 0425 0.011 898 7581
JPY Japan Yen 85.767 463 9706 0.011 659 4330
JOD Jordan Dinars 0.667 808 5864 1.497 435 0740
KES Kenya Shillings 71.537 462 2201 0.013 978 6899
LBP Lebanon Pounds 1415.207 917 1116 0.000 706 6100
MYR Malaysia Ringgits 3.218 479 5027 0.310 705 7227
MXN Mexico Pesos 12.218 467 4816 0.081 843 3246
NZD New Zealand Dollars 1.331 680 1486 0.750 931 0708
NOK Norway Kroner 5.534 052 4056 0.180 699 4092
PKR Pakistan Rupees 80.009 364 0737 0.012 498 5370
PEN Peru Nuevos Soles 2.686 915 6931 0.372 173 9400
PHP Philippines Pesos 43.258 179 4920 0.023 117 0154
PLN Poland Zlotych 2.720 219 2604 0.367 617 4250
RUB Russia Roubles 28.142 067 0148 0.035 533 9926
SAR Saudi Arabia Riyals 3.532 198 5428 0.283 109 7935
Example 1
As part of a school tour, Eddy and several of his classmates are
travelling in France. They have just stopped to eat in a small cafe. The
luncheon special costs €12.00.
a. How might Eddy and his friends use their knowledge about
the relative value of the Canadian dollar and the euro to
estimate the cost of the special in Canadian dollars?
b. Use the table to determine the cost, in Canadian dollars, of the
luncheon special to the nearest cent.
Solution
a. In France, the euro is used as their currency. From the table use
the following information.
Number of CAD per
Currency Unit Units per 1.00 CAD
Unit
EUR euro 0.677 984 6605 1.474 959 6242
Eddy and his friends can estimate the cost of their €12.00
My Notes
lunch, by overestimating that for each €1 they would be
paying $1.50 Canadian.
€1 ≈ $1.50
€2 ≈ $1.50 × 2
€3 ≈ $1.50 × 3
Example 2
Carl has a cousin in England who is a plumbing and heating
installation and repair technician. Last year, Carl’s cousin earned
£32 000. Carl has a similar job in Canada and earned $54 000.
Compare their earnings.
Solution
From the table, use the following information.
Method 1
My Notes
1£ = $ CAD
1£ = $1.6870067535 CAD
(32 000)(1£) = ($1.6870067535 CAD)(32 000)
32 000 £ = $53 984.22 CAD
$54 000 – $53 984.22 = $15.78
Method 2
Set up a proportion. Make sure the units of the numerators are the
same and the units of the denominators are the same.
x $1.6870067535
=
32 000 £ 1£
x $1.6870067535
(32 000) = (32 000)
32 000 £ 1£
x = $53 984.22
$54 000 – $53 984.22 = $15.78
Both methods result in the same answer. Notice that the calculations
were the same for both methods. The difference is in how the
solutions were set up and organized. Give both methods a try and use
whichever method makes the most sense to you!
My Notes Activity 4
Self-Check
Complete these questions by using the currency-exchange table from
Example 1 and 2.
To convert 100.00 CDN to Chinese yuan, you would use the first
conversion factor and multiply.
Example 3
Marcel is reviewing his financial records. On January 22, 2003, he
transferred 500.00 CAD into a US-dollar savings account. If, on that
date, 1.00 USD = 1.532 CAD, what was Marcel’s deposit in US dollars?
Disregard fees and commissions.
Solution
Set up a proportion.
US dollar 1 USD
=
Canadian dollar 1.532 CAD
In this example, you are given $500 Canadian, and you are asked to
find what this would be in US dollars. Replace “Canadian dollar” with
the $500 and put "x” in for “US dollar”.
x 1
= ply and divide.
To solve the proportion, cross-multip
500 1.532
(500)1
x=
1.532
x = 326.3707572...
x = 326.37
Activity 5 My Notes
Self-Check
1. On March 20, 2009, Victor was
in Peru on his way to the Inca
city of Machu Picchu. He was
going to witness the sun on
the Intihuatana stone at noon
during the equinox. He spent
450 nuevos soles (PEN). That
day, 1.00 CAD was equal to
2.5189 PEN. What did Victor
spend in Canadian dollars?
Example 4
Yolanda walks into the bank and asks to exchange $100 Canadian
dollars for US dollars. The teller consults the “We Sell” column,
because the bank is selling US dollars to Yolanda.
Solution
My Notes
a. Set up a proportion.
USD 1.00 USD
=
CAD 1.0855 CAD
In this example, you are told that Yolanda has $100 CAD, and
you are asked to find what this would be in US dollars. Replace
“Canadian dollars” with the 100 and put “x” in for “US dollar”.
x 1
=
100 1.0855
(100 )(1)
x=
1.0855
x = 92.12344542...
x = 92.12
Yolanda will receive 92.12 USD for her 100.00 CAD.
c. Yolanda started with $100 Canadian and now only has $94.91
Canadian.
total fees = 100.00 CAD – 94.91 CAD
= 5.09 CAD
My Notes Activity 6
Self-Check
Refer to this table to answer the following questions.
Country Currency Name/ Rate Bank Will Rate Bank Will Sell
Currency Code Buy from You to You
Euro (EUR) 1.4121 1.5325
Sweden Krona (SEK) 0.1387 0.01532
Scotland Scottish Pound (SCO) 1.6285 1.7452
3. Quincy has turned 17. He received a cheque for £50.00 from his
My Notes
uncle in Scotland. How much will Quincy receive in Canadian
dollars from the bank?
Activity 7
Mastering Concepts
On Thursday, the exchange rate for the Australian dollar was
1.00 CAD = 1.0692 AUD. On the same day, the exchange rate for
the euro was 1.00 CAD = 0.6678 EUR. Complete the following
conversion. Round to 4 decimal places.
Making Purchases—
Appendix
Solutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
Data Pages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
Solutions
Lesson A: Unit Prices
Lesson A: Activity 1: Self Check
a. A
kilogram weighs more than a pound. So, to convert pounds into
kilograms, divide by 2.2.
8 ÷ 2.2 = 3.636 363…
8 lb is approximately 3.6 kg.
d. A
kilogram weighs more than a pound. So, to convert pounds into
kilograms, divide by 2.2.
115 ÷ 2.2 = 52.272 727….
115 lb is approximately 52.3 kg.
$1.39 x
= cross multiply
150 g 100 g
100(1.39 )
=x multiply the numerators then
150 divide by the denominator
0.9266... = x
So the packaged jellybeans cost $0.93 for every 100 g of jellybeans. This is more
expensive than the bulk price of $0.49/100g. Bulk is the better buy.
1.
Answers will vary. Students can use the calculator method or mental
calculations with approximate answers to compare the bulk and
packaged prices.
3. Answers will vary. Many packaged items, have re-sealable openings to keep
food items fresher. Bulk usually only offers thin plastic bags and twist ties.
Freshness of bulk items at times can be an issue.
Step 1:
Multiply by 2.
2 × $5 = $10
Step 2:
Take 20% of $5 by finding 10%, and then doubling. You know that 10%
of $5 is $0.50. To find 20%, double $0.50, which is $1.
Step 3:
Add the results of Step 1 and Step 2 together.
= $10 + $1
= $11
c. Stores might advertise prices by the pound rather than by the kilogram,
because the prices appear less expensive when advertised by the pound.
A price of $4.99/lb is less of a shock than $10.98/kg.
1. a. Since the unit prices are given to the nearest tenth of a cent, use cents in
your calculations. So $0.55 = 55¢.
Set up a proportion. Let x be the price per 100 mL.
55 x
=
300 mL 100 mL
100(55)
=x
300
18.333333... = x
b. Based on price alone, the 284-mL can of tomato soup selling for $0.49 is
the better buy.
325 x
=
685 g 100 g
100(325)
=x
685
47.44525547... = x
The unit price label reads 47.4¢/100 g.
999 x
=
1900 g 100 g
100(999 )
=x
1900
52.57894737... = x
The unit price label reads 52.6¢/100 g. This is more than 47.4¢/100 g. So,
the 685-g box is the better buy.
5.79 x
=
1.69 kg 1 kg
1(5.79 )
=x
1.69
3.426035503... = x
The 1.69 kg size sells for $3.43/kg.
Calculate the unit price for the 2.83 kg size.
Set up a proportion. Let x be the price per 1 kg.
8.49 x
=
2.83 kg 1 kg
1(8.49 )
=x
2.83
3=x
The 2.83-kg size sells for $3.00/kg.
The 2.83-kg size is the better buy!
4. The answer is to be given in cents. The 16-roll size sells for $8.79
which is 879¢.
Divide by 16, to find the price of one roll.
879¢ ÷ 16 = 54.9375 ≈ 54.9¢
The 24-roll size sells for $10.49, or 1049¢.
Divide by 24, to find the price of one roll.
1049¢ ÷ 24 = 47.7083333…¢ ≈ 47.7¢
The 24-roll size is the better buy.
Set up a proportion. Because you must use the same units in the proportion,
use 31.103 4668 g for 1 oz and 1000 g for 1 kg.
x $1156.83
=
1000 g 31.1034668 g
100(1156.83 )
x=
31.1034668
x = 37193.96011
x = 37193.960
The price of 1 kg of gold on January 31, 2010, was $37 193.96 in Canadian
dollars.
1.
Question Percent Fraction Reduced Decimal
Fraction
a. 45% 45 9 0.45
100 20
b. 25% 25 1 0.25
100 4
c. 1.5% 1.5 3 1.5
100 200
1
2. =1÷3
3
= 0.333…
Move the decimal two places to the right and put that value over 100. Leave
whatever is left after the decimal place.
33.333... 1
= 33.333...%, or 33 %
100 3
30 3
3. 30% = which can be reduced to
100 10
As a decimal, 30% is 3 ÷ 10 = 0.3
5
4. 2.5 is read as 2 and 5 tenths and written as 2 .
10
5 25
As an improper fraction 2 is . Reduced, this fraction becomes
10 10
25 ÷ 5 5
= .
10 ÷ 5 2
250
As a percent, 2.5 = which equals 250%.
100
1. Answers will vary. You will check the accuracy of your answers in question 2.
2. Answers will vary. For example, students may realize that to find the sale
price of an item that is discounted by 20% they can calculate 80% of the
regular price.
1. a.
$0 $200.00 $399.99
0% 50% 100%
b. Method 1: First determine the dollar discount. Then subtract the dollar
discount to find the sale price.
dollar discount = 5% of $399.99
= 0.05 × $399.99
= $19.9995 (round to nearest penny)
≈ $20.00
Sale price = regular price – dollar discount
= $399.99 – $20.00
= $379.99
1. Method 1:
Find the dollar markup first.
markup = 75% of $9.00
= 0.75 × $9.00
= $6.75
Method 2:
Find the selling price first. The wholesale price was increased 75%. So the
selling price is 100% + 75% = 175% of the wholesale price. This time the
wholesale price = 100%.
2. Method 1:
Calculate the amount of each tax. Then, add this to the slow cooker price.
7% sales tax on $17.99 = 7% of $17.99
= 0.07 × $17.99
= $1.2593
= $1.26
Method 2
You pay 100% of the slow cooker price, plus 12% of this price in taxes.
The total price, including taxes, is 100% + 12% = 112%.
Total price = 112% of $17.99
= 1.12 × $17.99
= $20.1488
≈ $20.15
30 x
=
59.99 100
100(30 )
=x
59.99
x = 50.00833472...
x = 50.0
The discount is approximately 50.0%. This makes sense because $59.99
is just one cent less than $60. Also, 50% of $60.00 is $30.00.
Method 2:
Divide the dollar discount by the original price. Then convert to a
percent.
30 x
=
149.96 100
100(30 )
=x
149.96
x = 20.00533476...
x = 20.0
The discount is approximately 20.0%.
Method 2:
Divide the dollar discount by the original price. Then convert to a percent.
b. Method 1:
Set up a proportion. Let the percent markup be x.
29.99 x
=
40 100
100(29.99 )
=x
40
x = 74.975
x = 75.0
Method 2:
Divide the dollar markup by the wholesale price. Then convert to a
percent.
= 75%
discount = 25%
1. Set up a proportion.
squares 4
=
circles 9
x 4
=
180 9
(180 )4
x=
9
x = 80
Set up a proportion.
players 1
=
fans 16
12 1
=
x 16
12(16 ) = 1x
192 = x
Either method has the same result. 192 fans in the stands, cheering for
12 hockey players.
1. Answers will vary. If you are having trouble with your search, try food
items, such as the price of a litre of milk or a kilogram of bananas.
2. Unless you know how much an item would cost in one common currency,
such as the Canadian dollar, it is impossible to decide which price is the
lowest or which price is the highest.
1. Answers will vary, based on the date that the information is looked up.
2. The prices in Canadian dollars will change, because exchange rates change
over time.
1. a. The peso is the currency used in Mexico. From the table use the
following information.
Currency Unit Units per 1.00 CAD Number of CAD per Unit
MXN Mexico Pesos 12.218 467 4816 0.081 843 3246
What this means, is that one Canadian dollar buys you approximately
12.22 pesos.
For this problem, we are trying to convert from the new currency to
Canadian dollars. So for this problem, you would use the last column.
The last column tells you that:
b. To convert the 800 Mexican pesos to Canadian dollars, use the value given
in the last column of the table. Use, 1 MXN = 0.081 843 3246 CAD.
800 MXN = 0.081 843 3246 CAD × 800
= 65.474 659 68 CAD
≈ 65.47 CAD
2. To convert the 65 USD to Canadian dollars, use the value given in the last
column of the table.
Currency Unit Units per 1.00 CAD Number of CAD per Unit
USD United States Dollars 0.941 902 1079 1.061 681 4546
3. To convert the $12 450 Canadian to US dollars, use the value given in the
“Units per 1.00 CAD” column.
Currency Unit Units per 1.00 CAD Number of CAD per Unit
USD United States Dollars 0.941 902 1079 1.061 681 4546
This column tells you that 1 CAD = 0.941 902 1079 USD.
So,
12 450 CAD = 0.941 902 1079 USD × 12 450
= 11 726.681 24 USD
≈ 11 726.68 USD
$12 450 Canadian is worth $11 726.68 US.
4. There are 10 decimal places in the tables to determine what the conversion
would be for a large amount of money.
1. Set up a proportion.
Canadian dollar 1 CAD
=
Nuevos Soles 2.5189 PEN
In this example, you are told that Victor spent 450 Nuevo Soles, and you
are asked to find what this would be in Canadian dollars. Replace “Nuevo
Soles” with the 450 and put “x” in for “Canadian dollar”.
x 1
=
450 2.5189
( 450 )1
x=
2.5189
x = 178.6494105...
x = 178.65
2. Set up a proportion.
Canadian dollar 1 CAD
=
Australian dollar 1.0632 AUD
In this example, you are told that the Cardinal family was charged
150.00 AUD, and you are asked to find what this would be in Canadian
dollars. Replace “Australian dollars” with the 150 and put “x” in for
“Canadian dollar”.
x 1
=
150 1.0632
(150 )1
x=
1.0632
x = 141.0835214...
x = 141.08
1. The table tells you that the bank will buy 1 Euro from you for $1.412
Canadian.
1 EUR = 1.412 CAD
350.12 EUR= 1.412 × 350.12 CAD
350.12 EUR = 494.369 44 CAD
350.12 EUR ≈ 494.37 CAD
2. The table tells you that the bank will sell you 1 Swedish kronas for $0.1532
Canadian.
Set up a proportion.
x 1
=
0 0.1532
500
(500 )1
x=
0.1532
x = 3263.707572
x ≈ 3263.71
3. The table tells you that the bank will buy 1 Scottish pound from you for
$1.6285 Canadian.
1 GBP = 1.6285 CAD
2 GBP = 1.6285 CAD × 2
x 1
=
1 0.6678
(1)1
x=
0.6678
x = 1.497454432..
One euro is worth approximately 1.50 CAD. Keep the exact answer from the
proportion in your calculator and use it in the following proportion.
1.497454432... 1 CAD
=
x 1.0692 AUD
(1.497454432...)1.0692
=x
1
x = 1.60107816..
x ≈ 1.60
TABLE Data
OF CPages
ONVERSIONS
FORMULAE
Temperature
5
C= ( F 32 )
9
Trigonometry
(Put your calculator in Degree Mode)
• Right triangles
Pythagorean Theorem
a2 + b2 = c2
opposite
sin A = B
hypotenuse
adjacent c
cos A = a
hypotenuse
A
opposite C b
tan A =
adjacent
GEOMETRIC FORMULAE
cm
Key Legend
1
l = length P = perimeter
2
w = width C = circumference
b = base A = area
3
r = radius
5
d = diameter
6
Rectangle P = 2l + 2w
8
or A = lw
9
P = 2 (l + w )
10
Triangle
bh
11
P = a+b+c A=
2
12
Circle
C = d
13
or A = r 2
14
C = 2r
15
Inches
Cylinder
Atop = r 2
r
• Abase = r 2
h
1
Aside = 2rh
SA = 2r 2 + 2rh
Sphere
SA = 4r 2
2
r or
•
SA = d 2
3
Cone
Aside = rs
s Abase = r 2
h
SA = r 2 + rs
4
r
Square-Based Pyramid 1
Atriangle = bs ( for each triangle )
2
s Abase = b 2
5
h
SA = 2bs + b 2
b b
Rectangular Prism SA = wh + wh + lw + lw + lh + lh
6
or
h w
l SA = 2 ( wh + lw + lh )
Yearly maximum insurable earnings are $42,300 Le maximum annuel de la rémunération assurable est de 42 300 $
Yearly maximum employee premiums are $731.79 La cotisation maximale annuelle de l'employé est de 731,79 $
The premium rate for 2009 is 1.73 % Le taux de cotisation pour 2009 est de 1,73 %
C-3
343 * .00 *You normally use claim code ''0'' only for
non-resident employees. However, if you
343 - 345 9.30 .20
have non-resident employees who earn less
345 - 347 9.45 .35 than the minimum amount shown in the ''Pay''
347 - 349 9.60 .50 column, you may not be able to use these
tables. Instead, refer to the ''Step-by-step
349 - 351 9.80 .65 calculation of tax deductions'' in Section ''A''
351 - 353 9.95 .80 of this publication.
353 - 355 10.10 .95
*Le code de demande «0» est normalement
355 - 357 10.25 1.15 .10 utilisé seulement pour les non-résidents.
357 - 359 10.40 1.30 .25 Cependant, si la rémunération de votre
employé non résidant est inférieure au
359 - 361 10.55 1.45 .40
montant minimum indiqué dans la colonne
361 - 363 10.75 1.60 .60 «Rémunération», vous ne pourrez peut-être
363 - 365 10.90 1.75 .75 pas utiliser ces tables. Reportez-vous
alors au «Calcul des retenues d'impôt, étape
365 - 367 11.05 1.90 .90 par étape» dans la section «A» de
367 - 369 11.20 2.10 1.05 cette publication.
369 - 371 11.35 2.25 1.20
371 - 373 11.50 2.40 1.35
373 - 375 11.70 2.55 1.55
375 - 377 11.85 2.70 1.70
377 - 379 12.00 2.90 1.85
379 - 381 12.15 3.05 2.00
381 - 383 12.30 3.20 2.15 .10
383 - 385 12.45 3.35 2.30 .25
385 - 387 12.65 3.50 2.50 .45
387 - 389 12.80 3.65 2.65 .60
389 - 391 12.95 3.85 2.80 .75
391 - 393 13.10 4.00 2.95 .90
393 - 395 13.25 4.15 3.10 1.05
395 - 397 13.40 4.30 3.30 1.20
397 - 399 13.60 4.45 3.45 1.40
399 - 401 13.75 4.60 3.60 1.55
401 - 403 13.90 4.80 3.75 1.70
403 - 405 14.05 4.95 3.90 1.85
405 - 407 14.20 5.10 4.05 2.00
407 - 409 14.35 5.25 4.25 2.15 .10
409 - 411 14.55 5.40 4.40 2.35 .30
411 - 413 14.70 5.55 4.55 2.50 .45
413 - 415 14.85 5.75 4.70 2.65 .60
415 - 417 15.00 5.90 4.85 2.80 .75
417 - 419 15.15 6.05 5.00 2.95 .90
419 - 421 15.30 6.20 5.20 3.10 1.05
421 - 423 15.50 6.35 5.35 3.30 1.25
423 - 425 15.65 6.50 5.50 3.45 1.40
425 - 427 15.80 6.70 5.65 3.60 1.55
427 - 429 15.95 6.85 5.80 3.75 1.70
429 - 431 16.10 7.00 5.95 3.90 1.85
431 - 433 16.25 7.15 6.15 4.10 2.00
433 - 435 16.45 7.30 6.30 4.25 2.20 .15
435 - 437 16.60 7.45 6.45 4.40 2.35 .30
437 - 439 16.75 7.65 6.60 4.55 2.50 .45
439 - 441 16.90 7.80 6.75 4.70 2.65 .60
441 - 443 17.05 7.95 6.90 4.85 2.80 .75
443 - 445 17.20 8.10 7.10 5.05 2.95 .90
445 - 447 17.40 8.25 7.25 5.20 3.15 1.10
447 - 449 17.55 8.40 7.40 5.35 3.30 1.25
449 - 451 17.70 8.60 7.55 5.50 3.45 1.40
This table is available on TOD E-1 Vous pouvez obtenir cette table sur TSD
Glossary
acre (ac)
a unit of area in the imperial system
An acre is 22 yd wide by 220 yd long or 4840 yd2.
area
a measurement of how many square units into which a surface may be divided
For example, if your living room carpet can be divided into 10 square metres, its
area is 10 m2.
capacity
a measurement of how much a container can hold
Commonly, capacity refers to the amount of liquid that can be poured into a
container, but it can also be used to refer to an amount of solid that can be placed
into a container.
Celsius
a temperature scale commonly used in every major country throughout the world,
except the United States
compatible numbers
numbers that are easy to use in a mental computation, especially division
foot
a unit of length in the imperial system equal to 12 in
A measure of one foot can be expressed as 1 ft or 1'.
gallon (gal)
a measure of capacity in the imperial system
A gallon is 4 qt in size.
hectare
the area of a square 100 m on a side. The symbol for one hectare is 1 ha.
inch
a unit of length in the imperial system
A measure of 1 inch can be written as 1 in or 1".
kilogram (kg)
the base unit of mass in the metric system
A kilogram is equal to the mass of a certain cylinder of platinum-iridium alloy kept
at the International Bureau of Weights and Measures in France.
litre (L)
the capacity of a container having a volume of 1000 cm3
Since 1 L = 1000 mL, 1 mL = 1 cm3.
long ton
a unit of weight (mass) in the imperial system
1 long ton = 2240 lb
mass
a measure of the quantity of matter in an object
metre
the base unit of length (or linear measure) in SI
mile (mi)
a unit of length in the imperial system
The mile is defined today as exactly 5280 ft.
ounce (oz)
a unit of weight (mass) in the imperial system
There are 16 oz in 1lb.
1 lb = 16 oz
pint (pt)
a measure of capacity in the imperial system
A pint is roughly equal to 0.5 L.
pound (lb)
a unit of weight (mass) in the imperial system
One pound is defined as exactly 0.453 592 37 kg.
prism
in geometry, a 3-D object that has two congruent and parallel faces (the top and
bottom bases) and lateral faces that are parallelograms
Such a 3-D object is also known as a rectangular box.
The following is a 3-D object known in geometry as a prism.
proportion
a statement showing one ratio equal to another
1 3
For example, = is a proportion statement.
12 36
quart(qt)
a measure of capacity in the imperial system
There are 2 pt in a quart.
A quart is approximately equal to 1 L.
short ton
a unit of weight (mass) in the imperial system (also called a ton)
1 short ton = 2000 lb
square mile(mi2)
a unit of area in the imperial system
A square mile is the area of a square 1 mi on a side.
ton
a unit of weight (mass) in the imperial system (also called a short ton)
1 ton = 2000 lb
tonne (t)
in the metric system, a unit of mass equal to a 1000 kg
1 t = 1000 kg.
volume
a measurement of how many cubic units into which a object or space may be
divided
For example, if your living room is 5 m long by 3 m wide by 3 m high, its volume is
5 m × 3 m × 3 m = 45 m3.
weight
a measure of the force of gravity on an object
yard (yd)
a unit of length in the imperial system
One yard equals 3 ft or 0.9411 m.
Totally
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