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L3: Ratio, proportion and percent

Total questions: 5

Worksheet time: 10mins

Name
Class
Date
1.

Partnership profits of $450,000 are to be divided among three partners A,B,C, respectively, according to the ratio  18:16:112\frac{1}{8}:\frac{1}{6}:\frac{1}{12} .  Find A’s share of the profits.

a)

  $56,250

b)

$75,000

c)

$150,000

d)

$168,750

2.

Bill has received a wage increase.  His new hourly wage is $14.30 compared to his previous wage of $12.95.  Find the percent increase in Bill’s hourly wage.

a)

10.42%

b)

9.44%

c)

110.42%

d)

90.56%

3.

Betty earned $35,000 in the base year of 1992.  In 2004, the consumer price index stood at 124.6.  Today Betty earns $55,000.  Find the value of her current salary of $55,000 in terms of 1992 dollars.

a)

$68 530

b)

$28,089.89

c)

$44,141.25

d)

$41,250

4.

After a reduction of 20%, the amount paid for an MP3 Player was $103.92. What was the price before the reduction? 

a)

$123.92

b)

$129.90

c)

$124.71

d)

$187.06

5.

Carole consolidated her debt.  This process reduced her monthly payments from $635 to $421.  What percent reduction does this represent?

a)

33.7%

b)

21.4%

c)

15.1%

d)

66.3%