## Ratios

Ratios Go to the Forum to see more questions or ask your own Worked examples Divide $1000 in the ratio 3:2. 1000 ÷ 5 = 200 ∴ each part is worth $200 there are 3 and 2 parts, which make 5 divide 1000 into 5 parts to find the [...]

6
12, 2018

Ratios Go to the Forum to see more questions or ask your own Worked examples Divide $1000 in the ratio 3:2. 1000 ÷ 5 = 200 ∴ each part is worth $200 there are 3 and 2 parts, which make 5 divide 1000 into 5 parts to find the [...]

6
12, 2018

Time & Work Go to the Forum to see more questions or ask your own Worked examples If 3 men take 2 days to dig a trench, how long would it take for 4 men? 3 × 2 = 6 days Step 1: Find out how long it takes for one [...]

5
12, 2018

Home Loans Go to the Forum to see more questions or ask your own Worked examples worked examples Mr and Mrs Devcich borrow $80 000 to buy a home. The interest rate is 12% p.a. and their monthly payment is $850 per month. a. Calculate the interest for the [...]

5
12, 2018

Buying On Terms Go to the Forum to see more questions or ask your own Worked examples Chantelle buys a digital video camera costing $2099 and repays it over three years. If she pays a 20% deposit and monthly instalments of $85.50, how much did the camera eventually cost? deposit [...]

5
12, 2018

Credit Cards Go to the Forum to see more questions or ask your own Worked examples Credit Cards Forum Rules of the Forum be respectful of other members no profanity post questions in appropriate areas ONE question per post [...]

5
12, 2018

Pension Rebates Go to the Forum to see more questions or ask your own Worked examples Most pensions paid by the government departments are taxable. Special rebates operate in relation to the taxation of pensioners’ incomes. The maximum pensioner rebate is $430. This reduces by 12.5 cents for every dollar earned [...]

5
12, 2018

Fees, Charges & Stamp Duty Go to the Forum to see more questions or ask your own Worked examples Stamp Duty on an insurance policy is charged at the rate of 36c per $100 or part thereof. Find the duty when the sum insured is $1030. 1030 ÷ 100 [...]

5
12, 2018

GST Go to the Forum to see more questions or ask your own Formulas used in Worked examples If an item is $120 including the GST: a. Find the GST. b. Find the price before the GST. a. $120 ÷ 11 = $10.91 ∴ the GST is [...]

5
12, 2018

Household Expenses Go to the Forum to see more questions or ask your own Worked examples If the rate is charges at 0.272950 cents in the dollar and there is a flat charge of $195.00, what is the total bill on a property worth $377,000? 0.272950 × 377,000 = [...]

5
12, 2018

Budgeting Go to the Forum to see more questions or ask your own Worked examples Stephen earned $19,840 a year. He spent 32% of it on rent and 60% of the remainder on living expenses. How much did he have left? rent = 19,840 × 32% = $6,348.80 calculate [...]