Q.1. You donate $3000 to charities A, B and C in the ratio of

11:4:3. How much money did you donate to each charity?

Q.2. Your insurance company charges a premium of $2000

every quarter starting from beginning of a year. You started your insurance on Ist of February. How much would be your premium for the first quarter?

Q.3. How many Canadian dollars will you have to pay to purchase US$1500 if the bank charges a commission of 2.5% and the exchange rate for 1US$ is C$1.3241.

Q.4. Sam who lives in Canada purchased 5000 Australian dollars. After 5 days he decided to convert them back to CAD.

How much Canadian dollars did he lose if the bank charges a commission of 0.5% to sell and 0.75% to buy currencies.

Exchange rate-C$1= A$1.1167

Q.5. The List price of a product is $50 and its net price is $46.

What is the trade discount rate?