Find the following:
A salesperson earns a 12\% commission on their total sales each week. In one week, their sales amounted to \$830.
Find 10\% of their total sales.
Find 1\% of their total sales.
Find 2\% of their total sales.
Hence, find the total commission they made that week.
A telephone marketer earns a 16\% commission on their sales each week. In one week, their sales amounted to \$560.
Find 10\% of their total sales.
Find 1\% of their total sales.
Find 6\% of their total sales.
Hence, find the total commission they made this week.
Answer the following questions in order to find 30\% of 5 hours without a calculator.
How many minutes are there in 5 hours?
What is 10\% of 300 minutes?
Hence, find 30\% of 300 minutes.
Answer the following questions in order to find 55\% of 10 hours without a calculator.
How many minutes are there in 10 hours?
What is 50\% of 600 minutes?
What is 5\% of 600 minutes?
Hence, find 55\% of 600 minutes.
The price of pens in 1994 was \$4. If the value inflated at an average rate of 3.6\% per year, what would the price of pens have been in 2005?
A basket of goods was valued at \$43.70 in January 2011. The inflation rate for the year was 8\%. What is the expected cost of the basket of goods in January 2012?
A sports club membership currently costs \$332. Calculate the cost in 6 years time if the inflation rate is on average 2.6\% per annum.
A house was valued 5 years ago to be worth \$632\,000. Its value appreciated at 6.4\% p.a. What is its appreciated value, correct to the nearest dollar?
Sean deposits \$4000 into a new savings account. The amount increased by 3.3\% each year for 4 years. Find the new value of the deposit after appreciation.
What will be the value of \$5 in 15 years time if the inflation rate is:
2.1\%
4.1\%
A hat costs \$35.50. Find its price 9 years ago if the average inflation rate was 3.7\% per annum.
A product is worth \$20 today. Find the value of the product 7 years ago if the inflation rate was:
2.6\% per annum.
4.1\% per annum.
The rate of inflation on Tom's salary was a constant 1.9\% per annum over the past 5 years. Tom currently earns \$59\,000 per annum.
Find what Tom's salary was 5 years ago, to the nearest dollar.
The value of a car depreciated by 8\% this year. The original value of the car was \$9000.
By how much did the car depreciate?
Use the graph provided to estimate the current value of the car.
Calculated the current value of the car.
Frank purchased a \$3900 television that depreciates at the rate of 18\% per annum.
What will be the depreciation over the first year?
Use the graph to estimate the value of the television be at the end of the first year.
Calculate the value of the television at the end of the first year.
Use the graph to estimate the value of the television be at after 5 years.
Calculate the value of the television after 5 years.
A stove currently selling for \$500 depreciates at 17\% per annum.
What percentage of the original value of the stove will remain after 1 year?
How much of the original value will remain after one year?
What will the value of the stove be after 4 years?
The housing market is in a downward trend and the value of houses are depreciating at a rate of 0.9\% per annum. If this trend continues, what will a house currently valued at \$750\,000 be valued at in 2 years time?
Fred bought three video games in 2015 for \$19.95 each and sold them in 2018. The video games depreciated in value at a rate of 20\% per annum.
Calculate the value of each video game in 2018.
Calculate the total loss Fred made in 2018 after selling all three games for this value.