CONSUMER ARITHMETICS Taw 2001 |b Tha certain country, électricity charges are calculated based on a the following table: Charge per kwii used 12 cents, Fixed charge $4.00 @ Calculate the electricity charges for a customer who used 1003 kWII. ‘There Is a government tax of 15% on the electricity charges. Gi) | ‘Catcutate the tax on the customer's electricity charges, giving your answer to the nearest cent. (6 marks) Calculate the total amount paid by the customer. Lc) A Building Society offers a rate of 11% per annum simple interest. Beth-Ann deposited ’ a a a a a i 524 000 in the Society for 15 months. i i i J i ! | | | Calculate the amount of money due to her at the end of this period. Calculate this fee as a percentage of the money originally deposited. (Smart 71 Ge) “The ive purchase price fora refrigerator is $6500. A deposit af $500 is made ond the remainder is paid in equal monthly payments of $250. 4i) Calculate the number of monthly payments that must be made. the extra coct (1) Ifthe cath price Is $4000, express as a percentage ofthe cash price. (he earn marks ‘of buying on hire purchase. TUE 2000 + A company setis ta printers to customers in order to make a profit of 25%. Calculate the price a customer pays for a printer which the company bought for $1 700 1 for $2 500, ( Smarks) o (ii) the price the company pal for a printer which was sold to 2 custome; | © Anna put $2500 In dhe bank and lef for 2 yenrs. Atthe end of the 2 yearg she fouttd that, she hac $2700 in her account. Calculate - GE Gi the simple interest earned nk, (4inatke) (il) the annual rate per cent pald by the BI PAA TATRA open CT cE OT TTT“TAN }o Amerchant solda radio for $600, He made a profit of 20% we the cast pec. 7QH com the cost price, Cale a Ks) ZL. Use the information given below io answer Parts (b) aritl () Tue RANDY’S VIDEO CLUB lo, ‘Option B NoMembership Fee ‘Membership Fee for one year: $80.00 Rental Fee:$3.00 per . ‘video game + Resital Fee: $5.00 per video game (b) Carla rents 48 video games during one year: ‘What is the TOTAL cost if she chooses a -@' Option A? Gi) Option B? (3 marks) (©) Carla estimates that she will be able to spend $215.00 for renting video games during the next year. How many. video games will she be able to rent using @ . Option A? Gi) Option B? (3 marks) TL. ® _ Kimnas two telephones. One is cellular and the other's a land line, ‘The rates for local calls are shown in the table below. aw Os a ‘Type of Telephone Cellular | Land Line ‘Monthly Rental Fee $0 $45 ‘Charge per minute on calls made 85 cents | 15 cents (In one month, calls were made lasting for a total of 1 hour and 5 minutes Show by calculations, that the cost for using the land cost for using the cellular telephone. ‘*lePhone was less than the (i) For the morith of March, the land tine $54.60, telephone was used, and the bill was Calculate the total time, in minutes, for whi e . » for which the calls last 3) (8 mark: ) , BA© ‘A jeweller paid $6 800 for 165 bracelets bought in China. The Customs Department in his country charged him $1 360 in duty. (mark) (Calculate the TOTAL cost of the 165 bracelets inclusive of duty. er sold the 165 bracelets ata selling price of $68.85 EACH. Gi) The jewell made on the sale of the 165 bracelets. a) Calculate the TOTAL profit he (@ marks) 1b) Calculate the profit as a percentage ofthe cost price, giving Your answer to (@ marks) the nearest [Link]. ‘Aman deposits S800 in his account ata bank which offers 6% simple interest er sau (i) How much interest would he receive on the S800 after 9 months? (ii) How long would it take for the $800 to increase to $992? \ S marks? @__' MrMitchelt deposited $40 000 in-a bank and eamed simple sterest at 7% per annum for two years. ae Pe Calculate the amount he will receive at the end of the two-year period. Gi —-Mr Williams bought a plot of land for $40 “000, ‘The value of the land appreciated by 7% each yeer. Calculate tis value of the land after a period 6f two years, (4marks) Concrete tiles are made using buckets of cement, sand and gravel mixed in the ratio 1:4:6. 1 are needed for 4 buckets of cement? () How many buckets of gravel (@ marks) (ii) 1f 20 buckets of sand are used, how many buckets of EACH of the following will be needed? a) Cement b) Gravel (@ marks) aptop is $1 299. It can be bought on hire purchase by making a The cash price of a I ‘0 monthly payments of $120 each. deposit of $350 and 1 What is the TOTAL hire purchase price of the laptop? @ marks) @ ash? (1 mark) (i) How much is saved by buying the laptop for B3 pe TEE TE EDO TB4. (®) Mrs. Jack bought 150 ‘T-shirts for $1 920 from a factory. TO @ — Cateutate the cost of ONE Tshirt, (ee ‘The T-shirts are sold at $19.99 each. Calculate Gi) the amount of money Mrs. Jack received after selling ALL of the T:shirts (1 mark) Gi) the TOTAL profit made (1 mark) (iv) the profit made as a percer nitage of the cost price, gi ving your answer correct to the nearest whole number. (2 marks) | (Mark spends-- of his monthly income on housing. Ofthe REMAINDER, he spends —L on food and saves what is left Oa (@ —Caloutate the fraction of his monthly income spent on food 2) Calealate the faction of his monthly income that he saved. © @__AtBanicA, USS1.00~ BD $1.96, Calewate the value of i USS means United States dollars and BD§ meany fog e> 9700 in BDS. Barbados dollars, Gi) At Bank B, the value of US $700 is BD $1 in BDS at this bank. °86, Calulate the vate of US $1 00 BY TrFHEZg BSB BHRHEHEEETRLEAEABAEARBEER TS‘The cash price of a dining room suite with a table and six identical chairs is $880. If the price of the table is $250, what is the price of EACH chair? (2 marks) The dining room suite may be bought on hire purchase for a deposit of $216 plus monthly payments of $35 for a period of two years. Calculate (the total hire purchase price of the suite Gi __ the extra cost of buying on hire purchase as a percentage of the cash price. (5 marks) ‘The table below gives information on the values and the rates of depreciation in value of ‘two motor vehicles. ~ Motor Venice | tatat Vane | of Deprecation | Onevene Taxi $40 000 12% Sp Private Car $25 000 a% $21 250 Calculate @ the values of p and g Gi) the value of the Taxi after 2 years. ( 6 marks) GUY $1.00 = US $0.01 and BC $1.00 = US $0.37. Calculate the value of @ GUY $6000 in Us $ ( 2 marks) (i) US $925 in ECS. ( 2 marks) A loan of $12 000 was borrowed from a bank at 14% per annum. Calculate @ the interest on the loan at the end of the first year ( 2 marks) Gi)" the total amount oWing at the end of the first year. ( dimark ) A repayment of $7 800 was made at the start of the second year. Calculate iii) the amount still outstanding at the start of the second year ( Imark ) (iv) the interest on the outstanding arpount at the end of the second year —_ marl BS: * monthly Tie Peters’ family consists of Mr Peters, his wife and two childses. Mr Peters’ tn salary. is $2,800, ‘Table showing income tax allowances TOF & eur BES CSICUIMTELES (SUBLET Showing incorie Tax allowaneee 16F 8 Ve ME CaCUMEN Table showing Tax Rates for a year Chargeable Income Rauite of tax | For every doliar of the lisst $12 000.” Scents : "sw next $ 8.000. 15 cents + Peer " ""“next $20 000. 35 cenis Calculate for Mr Peters, @) his salary for the year (imark ) Gi) his total atlawances ( 2iharks) (ii) his chargeable income | (imark ) Gv) the amount he has to pay as income tax (2inarks) (¥)" the percent of his salary paid as indome tax. ( Frmarks) Haare Smiley Orange Juice is sold in ca ) table below. two different sizes at the prices shown in the Carton Size Cost $4.20 $5.13 Which size carton of orange juice is the BETTER buy? Justify your ans wer, G marks) () Faye borrowed $9 600 at 8% Per annum compound interest, @® Calculate the interest on the loan for the first year, ‘ (1 mariy At the end of the first ‘Year, she repaid $4 368, ; Gi) How much did she still owe at the beginning 8 of the second year? @ marks) Gli) Caleulate the interest on the remaining balance for the second , cond year. (1 mark) BE21 ®) A total of 1 200 students attend Top View High School. S10, The ratio of teachers to students ie 1:30. @ How many teachers are there at the school? (2 marks) ‘Two-fifths of the students own personal computers. Gi) How many students do NOT own personal computers? (2marks) ‘Thirty percent of the students who own personal computers also own play stations. Gii) What fraction of the students in the school own play stations? Express your answer in its lowest terms. ( 4marks) “| ®& ~ Asumof money is shared between Aaron-anid Betty in the ratio 2: 5. Aaron received be $60. How much money was shared altogether? © -: - ( 3 marks) TO © _ InSt. Vincent, 3 lities of gasoline cost BCS10.40. * @ Calculate the cost of 5 litres of gasoline in St. Vincent, stating your answer correct to the nearest cent. * "> ( 2 marks) Gi) How many litres of gasoline can be bought for EC $50.00 in St. Vincent? Give your answer correct to the nearest whole number. ( 2 marks) "1 ©) _—_ The cash price of a bicycle is $319.95. i bought on hire purchase by making XX ° = a deposit of $69.00 and 10 monthly installments of $28.50 EACH. ome ()_° Whatis the TOTAL hire purchase price of the bicycle? ( 2marks) Gi) Calculate the difference between the total hire purchase price and the cash price. (Amark) ii) Express your answer in (ji) above as a percentage of the cash price, ( 2marks) 67di ©) In this question, use CAN $1.00 = JA $72.50. 3' 08 1 © Den CF. () 1. © San : s fe @ On a vacation in Canada, Steve used his credit card to buy a camera for CAN $250.00. ‘What is the value of the camera in Jamaican dollars? ( 2 marks) Gi) Steve's credit card limit is JA $30 000.00, After buying the camera, how many Canadian dollars does he have left on his credit card for spending? ( 3 marks) BDS$ means Barbados dollars and EC$ means Eastern Caribbean dollars. @ Karen exchanged BDS$2 000.00 and received EC$2 700.00. Calculate the value of one BDSS in ECS. ( 2 marks) Gi) ‘If Karen exchanged EC$432.00 for BDSS, calculate the amount of BDS$ which Karen would receive. ( 2: marks) {Assume that the buying and selling rates are the same] Acredit union pays 8% per annum compound interest on all fixed deposits. A customer deposited $24 000 in an account. Calculate the TOTAL amount of money in ‘the account at the end of two years. ( 4 marks) ‘The basic wage earned by a truck driver for a 40-hour weak is $560.00. @ Calculate his hourly rate. ( 1mark) For overtime work, the driver is paid one and a half times the basic hourly rate, Gi Calculate his overtime wage for 10 hours of overtime. ( 2marks) Gii) Calculate the TOTAL wages earned by the truck driver for a 55-hour week. (3 marks) Acompany pays its employees a basic wage of $9.50 per hour for a 40-hour week. (i) Calculate the basic weekly wage for ONE employee. (4mark) Overtime is paid at a rate of time and a half, (i) Calculate the overtime wage for an employee who works 6 hours overtions « certain week, mks 6 hours Overtime in a (2marks) Ina certain week, the company paid its 30 employees a total of. : overtime wages. Calculate for that week: of $12 084.00 in basic and (iii) ‘The TOTAL paid in overtime wages (2marks) (iw) The TOTAL number of overtime hours worked by employees BY (Amark)nO) Jan" ip © nO) In a certain company, a salesman is paid a fixed salary of $3 140 per month plus an annual commission of 2% on the TOTAL value of cars sold for the year. Ifthe salesman Sold cars valued at $720 000 in 2009, calculate @ his fixed salary for the year (mark) (i) the amount he received in commission for the year (A mark) (ii) his TOTAL income for the year. ( Lmark) ‘The ingredients for making pancakes are shown in the diagram below. Ingredients for making 8 pancakes 2 cups pancake mix 13 cups milk @ Ryan wishes to make 12 pancakes using the instructions given above. Calculate the number of cups of pancake mix he must use. ( 2 marks) (i) Neisha used 5 cups of milk to make pancakes using the same instructions. How many pancakes did she make? (3 marks) A typist is paid a basic wage of $22.50 per hour for a 40-hour week. (i) Calculate the typist’s basic weekly wage. (Amark) Overtime is paid at one and a half times the basic hourly rate. (i) Calculate the overtime wage for ONE hour of overtime work. (1 mark) ‘To eam some extra money, the typist decided to work overtime. Calculate Gii) the wage she would eam for overtime if she worked for a TOTAL of 52 hours during a given week. (2marks) (iv) the number of overtime hours she must work during a given week to earn a TOTAL wage of $1440. (2marks) Bg1, » ON (©) 1 wo a". f The table below shows the cost price, selling price and profit or loss as a percentage © the cost price. Copy and complete the table below, inserting the missing values at (i) and (ii) \ Percentage Cost Price Selling Price Profit or Loss “i $55.00 $44.00 —— «i $100.00 25% profit (4 marks) The table below shows some rates of exchange: US $1.00 = EC $2.70 TT $1.00 = EC $0.40 Calculate the value of @ ECS1in TTS (mark ) (i) USS80inECS (mark ) (ii) TT $648 in USS. (3 marks) The table below shows Pamela’s shopping bill Some of the information was not included. Items Quantity Unit : rice a Cost Rice 6kg 2.40 = Potatoes 4 bags x a Milk ¥ [cartons 235 ne ‘Sub Total wo Z |% VAT — TOTAL a Calculate the values of 7, X, Y and Z. BIN (5 marks)Annie went to the post office and bought a collection of SIX of each of the following stamps. 708. $4.00 $2.50 $1.20 1.00 (@ — Whatwas the TOTAL cost of the stamps? ( 2marks) (b) She had to post a parcel and the total cost of postage was $25.70. What stamps can she select from the collection, to make up this amount if she must use @ _asmany $4.00 stamps as possible? ( 3 marks) | Gi). all her $1.00 stamps? (marks) © — @ __ Whatis the LARGEST number of stamps that she can use from the collection to post the parcel? (i) List the selection of stamps she can use, (3 marks) Total 10 marks t (®) The table below shows a shoppin; items are missing. bill prepared for Mrs Rowe. The prices of some "Shopping Bil Item Unit Cost Price Total Cost Price 3 kg sugar x $10.80 4 kg rice | Y Zz 2 kg flour $1.60 $3.20 (@ Calculate the value of X, the cost of 1 kg of sugar. (ii) Ifthe cost price of 1 kg of rice is 80 cents MORE than for 1 kg of flour, calculate the values of ¥ and Z. (iii) A tax of 10% of the total cost price of the three items is added to Mrs Rowe’s bill. What is Mrs Rowe’s TOTAL bill including the tax? BilAL. © Metlamy who lives in StRins is planning to travel to Barbados. A travel club offers the STAN" |Z "eS shown below Petty’s Travel Club Holiday in Barbados Return Air Fare us $356.00 Hotel Accommodation us $97.00 per night . ion for 3 nights using (Calculate the TOTAL cost of airfare and hotel accommodation for a aa the rates offered by Petty’s Travel Club. Gi) Another travel chib advertises the following package deal Angie’s Travel Club Holiday in Barbados 3 Nights Hotel Accommodation plus Return Air Fare EC $1610.00 Calculate, in US dollars, the cost of the trip for 3 nights as advertised by Angie’s travel club. US $1.00 = EC $2.70 (@ marks) (iii) State, giving a reason for your answer, which travel club (Petty’s or Angie's) has the better offer. (1 mark) : (iv) The EC $1610.00 charged by Angie's Travel Club includes a sales tax of 15%. Calculate the cost of the trip for three nights BEFORE the sales tax was added. (2 marks) BID