Page 58 - Calculating Agriculture Cover 20191124 STUDENT - A
P. 58

4-20                    Percentages, Ratios and Relationships                         CH 4]




                     13. 200% of $14.50                    14.  125% of $645

                       200%                                     125%
                              x $14.50    =                              x $645  =
                       100%                                     100%

                         200                                    125%
                              x $14.50    =                              x $645  =
                         100                                      100

                         2.0  x $14.50    =  $29.00              1.25   x $645  =  $806.25

                     15.  7/8% of $27.85                   16.  88 3/4% of $645

                       7/8%                                   88 3/4%
                               x $27.85  =                               x   $645    =
                       100%                                    100%

                        7/8                                    88.75
                               x $27.85  =                               x   $645    =
                        100                                     100


                      0.00875  x $27.85  =  $0.24              0.8875    x   $645    =   $572.44

                     b.  Calculate the amount of commission for each of these. Round to the nearest
                         cent.

                               Commission  Rate        Amount of Sale         Commission
                         17.        6%                   $245,399.00
                     Convert Percent to Decimal and multiply
                                   0.06       x          $245,399.00   =       $14,723.94

                                   1
                         18      8 / 2 %                   $5,245.00
                     Convert Percent to Decimal and multiply
                                  0.085       x            $5,245.00   =          $445.83

                         19.        4%                 $1,425,995.00
                     Convert Percent to Decimal and multiply
                                   0.04       x        $1,425,995.00   =       $57,039.80

                                   3
                         21.     7 / 4 %                  $15,248.95
                     Convert Percent to Decimal and multiply
                                 0.0775       x           $15,248.95   =        $1,181.79

                     c. Calculate the amount that is:

                      22.   30% more than $1,600.00          24.    25% less than $6,030.00
                         Convert Percent to Decimal, Multiply     Convert Percent to Decimal, Multiply
                         & Add.                                  & Subtract.

                          0.30 x $1,600.00  =  $480.00           0.25  x $6,030.00  =  $1507.50

                       $480.00 +  $1,600.00 = $2080.00            $6,030.00 — $1507.50    =  $4522.50
                          (1 + 0.30) x $1,600 = $2080.00        (1 — 0.25) x $6,030.00  = $4522.50

                      23.   0.9% more than $15,234.00        25.    12.5% less than $68.95
                         Convert Percent to Decimal, Multiply     Convert Percent to Decimal, Multiply
                         & Add.                                  & Subtract.

                         0.009  x $15,234.00  =  $137.11         0.125  x   $68.95  =    $8.62

                      $137.11  +  $15,234.00 = $15,371.11       $68.95  —    $8.62  =   $60.33
                         (1 + 0.009) x $15,234.00 = $15,371.11   (1 — 0.125) x $68.95 = $60.33

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