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I Math 141 Business Mathematics

Assignment 1

I
Assignment Instructions:

1. Complete the questions, showing your work, on separate sheets of lined paper. Ci r cle or
highlight in some way your final answers. Ensure your work is neat, clear, and laid out
logically.
2. Open the assignment "quiz" in Moodie.

3. Enter your answers.

4. Upload a phone scan of your work sheets.

5. Click "finish attempt" and "submit".

Questions

Evaluate the following expressions. Round answers to 6 decimal places but do not include
trailing zeros. '

1.

2.

(1 +0.502)

3. tS 4ot:J
5 f Q-3)2+ 7 (12)
=> St(£) 2 ~ I.;J >S f 3{ ~ /~
7

4.
L1ms>1e.1[ 1" s J ~5f3 ~> 8
[(20+8 X 5)-7(-3)]+ 9
=) ({~of Yo) -I JI) -!- 9
llnsh}e.)1
00+~1) ~ g
is
7)

~> 81 ~
 -
Math 141
Business Math emat ics Assignment 1

Convert each of the following fractions to decimal equiv

alents (a) and percent equivalents (b).
Round decimals to 6 places and percents to 4 decimal
places.
s.

- 2
3 => O· 66(J;G7 p
a) Decimal
~ 0,666667
b) Percent

6. !;) 0·66C,6G7 y/oo;{ -:) 66,6607 ½

3
1 16
p 19
lb -:) /, If 75
a) Decimal
b) Percent o/ /./fJS
7. 9 l·/t Js X/oo % ~ f /K· lS Yo
0.27
~ O· D/08
25
a) Decimal _9) o.Ofog
b) Percent
fi) o,O/ofXJo 0 Yo 7 {,081o
Solve for the value of the unknown term.
8.

1
I_ -::: >-
X ~ 92-. - /2,
-
6 72 Ip 3--
12
9.
1
~
198 28.125 ~ &i· /lS
=--- ~- > ~
44 X
~
2..

~::x, :;) ~~- /2sx2....

{ -;x. ;: b.~ s)
 Math 141 Business Mathematics Assignment 1

10. What is 11.27% of $23,450.00? X => 11,~1¾ XJ3 '-/SO ~> Q&</J, 81:r
, x. ~,qb'1ft,8,l I
11. 555 is 24% of what number?

12. $0.15 is what percent of $30.00?

13. Two friends are budgeting for a vacation to Alaska. They have a total budget of
$1,975.00. If 26% of the total cost is for transportation, and 43% of the total cost
is for accommodations, and 20% is for meals, how much money will they have left
to spend on entertainment and incidentals?

14. In the month of January, the local TAGS convenience store had total sales of
$102,303.00 from its gas pumps and other in-store products. If in-store sales are
12.5% of total sales, and lottery sales are 18% of in-store sales, what was the
lottery sales amount for the month?

Simplify:

15.

12x+3y- (-3x) +5 :?x fl}tf 3x +s~> s~l-3J+S

16.

20x 2 18x 3y 3 qi, <P Lj

- - - + 4 -? ;:x:. - :l:. f -=) ci}.::t, f ' t
Sx 9x 2y 3

17. Substitute the known variables and solve for the unknown variable.
Where PV = $2,345.67; i = 0.04; and N = 10

PV=-F_V_ (l3'1S· b7 ~ £v
(l+i)N
(t· 0;) 10

fv l~1~-l6
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@ 55:5 => O
·~l/Xq-,
5 55
x => 0 . ~11 -;;) ~ 3 :i.Y •5
@ 0-/5 ~ : x fl )(, 3°
-=> ~
~ :1 > O· ODS
.x :;;,) a· 5 °/o
@ / ,1 o.nS~Ji/
olion "'> &b1/o X19 75 ~
O•a6XI975
7) 45/3 •Qo
~ y 3¼ X19 7J
fkcor(Jr() odqfio(\)i
§) O· 93 X/<PS
rflto.h ~ofo X/97S :P ?> 4ll~9 • ~
s
o. ~ ~ 191.r
? '>

Tohi manCJ . -t;>

Sfe"JA 4 , 1
39S 4
s1 ,7S
@
rfJrmt7 ie./j P 4~ 17 •7S
1o- otol<e.. sk ~ l~•S¼ 1 tofcJ_ . S ~
}:, D· J~s X
IOQ 3o~

Loli01y 0 J ~ _
4
~ 1~7~ 1- ~ 7
I

S
1 Jt/,
~ i,., - sfo){.e_ s ~
fa o-;i X1~ 78
7· J 7:s
f
~ ~30/ • c
f~
 Math 141 Business Mathematics Assignment 1

Solve the following equations:

18.

5 ( 2 - X) = 10 ( 2x - 4) - 6 ( 3x + •J)
/ o -. : Sx P f¥ox., - lf·q t~ /9~ ~ ~ (,
19. /~ f-'lo ;f 6 3/~o~~ J! ~ +S:x_h

IOa + (2.2) 2 = 6+a(2.2) 3

2.2

20. A property is selling for 250% of what the vendor originally paid for it. What was
the original price if the current selling price is $650,0007

21. In 1975, the cost of a chocolate bar was $0.40. This increased to $2.27 by 2020.
What is the percent increase in the cost of a chocolate bar for this time period?

22. The official population of Whitehorse grew from 23,276 in 2011 to 30,947 in
2022. Calculate the annual percent growth.

23. According to the Yukon Bureau of Statistics, the total monthly retail trade {in
thousands of dollars - $000) for 2018 was as follows:
I

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
54,781 49,306 62,662 64,798 78,190 82,633 79,839 81,153 75,969 70,494 67,686 69,939

Calculate the average monthly retail trade for 2018.

24. Northern Transport has 86 drivers each earning $23.85 an hour, 14 clerical staff
members earning $18.50 per hour, and 8 mechanics earning $35.50 an hour.
Calculate the weighted average hourly wage earned by the three categories of
employees.
 -
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pa(_(_ rf /t)CJ1C,~
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 Math 141 Business Mathematics Assignment 1

Reduce the following ratios to their lowest integer terms.

Answer in the form x : y

25.

2.25 : 3 .5
26.

1 1 1
- •
• - •
•
6 4 3

27. If the investment amounts of 3 partners, A, B, and C, are $35,000, $78,750, and $59,000,
respectively, what is the ratio of their earnings in the company (compare their earnings)?
Reduce the ratio so that the smallest value is 1.

Answer in the format x: y: z

Find the missing term in the following proportions:

28.

5 46.25 3 7c 4

- -
8 X

29.

1 1 IJ,~
-<. • .2.
- ~'-
·,
2 : 2- =X : 3- ·") 2
1-------~
2 2 x :,> 3.sx:- :x,,~ ~ -1
30. Below Samara paid $200 for a 1-year weekly subs&iiti:ion to a small business journa. After
receiving 15 issues of the journal, she decided to cancel her subscription. What should her
refund amount be? (note: there are 52 weeks in a year)
Answer with the dollar amount, rounded to the nearest cent.

That's the end! Whew!

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