Question
1)If the selling price of acondois $589 000 and 15% down is required to qualify for a mortgage. How much is required as a down
1)If the selling price of acondois $589 000 and 15% down is required to qualify for a mortgage. How much is required as a down payment? (2marks)
2)David answered 76% of the questions correctly on a test. How manyquestions did Davidget rightif there were 125questions on the test? (2marks)
3)Sarah pays $1850 a month for rent. If her monthly salary is $5781.25, what percentofher monthly salary goes towards paying rent? (2marks)
4)If$240 of interestwas paidon a $1500 loan, determine the interest rate.(2marks)
5)A studentcorrectly answered 58out of 80 questionson a test. What percent of the answers were correct? (2marks)
6)The monthly interest rate for a credit card is 22%. If an interest payment of $121was due for the month, what isthe outstanding balance for the credit card? (2marks)
7)The commission on the sale of acondowas $24 250. If the commission rate was 5.5% of the selling price, what was the selling price of thecondo? (2marks)
8)If 21% of John's pay goes towardsFederal Tax and John paid $275.30 in Federal Tax for the week. Determine John's pay for the week. (2marks)
9)The price of an item has increased from $4.50 to $8.25. Determinethe percent increase to the nearest tenth of a percent. (4marks)
10)Salesat a general store dropped from $58 000to $55 000 month over month.Determine the percent decrease to the nearest tenth of a percent. (4marks)
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