FOUNDATION IN ARTS

Revision Questions

INTAKE : JULY 2015

SEMESTER : ONE (1)
SUBJECT TITLE : CONTEMPORARY BUSINESS
MATHEMATICS
SUBJECT CODE : PMTH001

MATERIALS ALLOWED
Standard items : Pens, Pencils, Eraser, Correction fluid/tape, Ruler, Highlighters.
Special items : Non- programmable calculators, No dictionary without thesaurus and
translations, NO digital dictionaries allowed.

STUDENT NAME: _________________________________

STUDENT ID: _______________________________________

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Revision Questions
1. 8 × 5 + (3 + 1) − 1 =
A. 41
B. 64
C. 43
D. 45

2. Given that 2 x + 8 = 1, then x =

3 9
A. 1/6
B. 3/4
C. 2/27
D. 16/27

3. All of the following are ways to write 25 percent of M, EXCEPT

A. 0.25M
B. 25/100M
C. 25M
D. 25/M

4. Mr. Pots charged Jamie $32 for parts and $15 per hour for labor to repair her bicycle. If he
spent 3 hours repairing her bike, how much does Jamie owe him?
A. 141
B. 77
C. 47
D. 51

5. All of the following are true EXCEPT

A. 15.203 > 15.2
B. 487.016 > 487.002
C. 7.209 > 7.220
D. 3.710 > 3.177

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6. The average marks of 5 students were 72% in the recent Mathematics Topic Test. Alex
obtained 78% for that test. If Alex’s marks were included for the calculation of average,
what is the new average mark for all six students?
A. 72%
B. 73%
C. 74%
D. 75%

8. The table below shows the closing share price for BUMIPUTRA-COMMERCE
HOLDINGS (COMMERZ) for a week. Find the mean share price from 18th to 22nd May.

Date 18 May 09 19 May 09 20 May 09 21 May 09 22 May 09

Closing Price $8.749 $8.900 $8.849 $8.801 $8.850

A. $8.820
B. $8.830
C. $8.840
D. $8.850

10. Joann was paid $3.80 per hour while working in Nexus Solutions as a data entry clerk.
She worked for 5 hours on Monday, 3 hours on Tuesday, 4 hours on Wednesday and 5
hours on Friday. What is her average daily wages that the 5 days?
A. $3.20
B. $3.40
C. $3.60
D. $3.80

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11. The fastest lap time in a swim meet was 7.7 seconds. If one of the swimmers swam 3
laps with the times of 9.3, 8.9 and 9.0 seconds, how much longer was his average lap
time than the fastest lap time, to the nearest tenth of a second? [2 m]

12. Amy, Betty, Cindy and Doris are sisters. The total age of all four of them is 38.
Cindy is 13 years old. Betty is younger than Cindy by 7 years and Doris is older than
Betty by 9 years. Find out each of their age. [2
m]

13. A taxi cab charges $1.20 for the first one-fifth of a kilometer and $0.75 for each
additional one-tenth of a kilometer. Mike gets in a cab from Bangsar and goes over to PJ
to send a parcel to his friend. The distance from Bangsar to PJ is 5.56km. After
delivering the parcel, he hails another cab and goes home however, this cab driver insists
on charging Mike a flat rate of $0.85 per km. Was the fare to PJ more expensive than the
fare back from PJ? How much more? Give your answer to the nearest cent. [3 m]

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14. Tiffany is in charge of the cookie sales counter for the Annual Charity Day. Each box
contains 55 chocolate cookies and is sold for $25 each. The supplier has charged them
$0.23 per cookie. Tiffany’s team needs to make a minimum profit of $200 from the
cookie sale. As such, find out what is the least number of boxes of cookies do they need
to sell? [3m]

15. The table below shows the number of new HIV infections, AIDS cases and AIDS
deaths by State in Malaysia (from 1986 until December 2007). [4
m]

a. In which state was the lowest percentage of AIDS cases? How much was it? Give your
answer to the nearest hundredth of a percent. [1 m]

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b. How many times more are there HIV infections in Terengganu compared to Melaka? Give
your answer to the nearest tenth. [1 m]

c. Where was the highest percentage of deaths cases related to AIDS? How much was it?
Give your answer to the nearest hundredth of a percent. [1 m ]

d. What is the average number of AIDS cases by states in Malaysia? Give your answer to the
nearest whole number. [1 m]
16. Price per Share, MALAYAN BANKING BHD, 2009
May 20:
RM5.261

May 18:
RM4.977

April 10:
RM3.979
March 16:
RM3.986

(Source: http://biz.thestar.com.my)

The graph above, shows the price per share of Maybank over the last 3 months. Vincent has
invested in the KLSE buying MAYBANK shares. [5 m]

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a. If Vincent bought 5,000 Maybank shares on 16th March and sold it on 18th May, how
much profit (loss) did incur? State your answers to the nearest tenth of a percent.
[1 m]

b. If Vincent had waited 2 days and had sold the shares on May 20 instead, what would
have been the percent of profit (loss)? State your answers to the nearest tenth of a
percent. [1 m]

c. If Vincent had bought another 3,000 Maybank shares on April 10 th for RM3.979 per
share. What is the average price per share now? If Vincent wants to make a total of
RM22,000 profit from the sales of all his shares, at what price per share would be
have to sell it for? (Answer in thousandths of a ringgit) [1 m]

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d. If Vincent was charged brokerage fees for all transactions :
Brokerage fees : 1.6% if total transaction (sales or purchase) amount
Stamping charge: RM4.50 per transaction
Service charge: 0.2% of transaction (sales or purchase) amount

How much was the total brokerage charged for the purchase of 5000 shares on March
16th. Answer to the nearest cent. [2 m]

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17. SCF Holdings is one of the main retailers for clothes and accessories in a shopping mall
in KL. SCF holdings takes the products on consignment from the suppliers at cost price
and sells after a mark up of 60% profit from the cost price. SCF holdings however,
needs to pay commission on the total monthly sales to the owner of the shopping mall on
top of the monthly rental of RM6800. The commission payable depends on the sales
amount. If the monthly sales are above RM100,000 the commission is 0.10% but if less,
then it’s 0.15%. All payments to and from the supplier are dealt in USD. (1 USD =
RM3.66; RM1 = USD 0.28)

Below is the summary of SCF holdings’ cash bill for the month of April 2009.

1 April – 7 April 8 April – 14 April 15 April – 21 April 22 April- 28 April

Sales RM22128 RM25416 RM23104 RM25792

a. What is the cost price of the goods sold by the week? [2 m]

1 April – 7 April 8 April – 14 April 15 April – 21 April 22 April- 28 April

Sales RM22128 RM25416 RM23104 RM25792

Cost
Price

b. At the end of the four weeks, what is the total amount payable (commission and rental) to
the owner of the shopping mall? [1 m]

c. SCF Holdings pays its supplier 25% when they receive the goods and the balance 75% of
the payment is paid in 3 monthly installments. However, the supplier provides discount

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 for early payment whereby 0.5% is discounted from the total amount payable if SCF
Holdings is able to pay the balance 75% in the following month. What is the total amount
payable for the goods received in April worth RM125000 should SCF Holdings takes
advantage of the discounts offered by the supplier? (Round to the nearest USD)
[1 m]

d. At the end of April, the supplier contact SCF Holdings to inform that there will be a
refund due to damaged goods claim done two months ago. The claim for refund was
done for USD8850, however, the supplier is only willing to refund up to 35% of the
amount. Now, taking into consideration of the refund amount which is deductable from
the total amount payable to the supplier, how much would SCF Holdings need to pay the
supplier at the end of April? Answer to the nearest USD. [1 m]

18. The Brown Taxi company charge a flag fall of $3 and a rate of $2 per kilometre
travelled. They use the formula: F = 3 + 2d, where d is the distance travelled in

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 kilometres, to calculate the fare charged F (in dollars). For example, a taxi ride of 5 km
would cost $13.

a. Matthew took a Brown Taxi from Perth to his home, a distance of 25 km. Calculate the
fare Matthew was charged. [1]

b. Peta is charged $41 for catching a Brown Taxi home. What distance did she travel in the
taxi? [2]

The Orange Taxi company charge a flag fall of $6 and $1.50 per kilometre travelled.

c. Write a formula for the fare charged by the Orange Taxi company in terms of d (the
distance travelled). [1]
F=

d. Madeline is deciding whether to catch a Brown Taxi or Orange Taxi to her home. She
wants to choose the cheaper company. She needs to travel 10 km. Which company should
she choose? Justify your answer with calculations. [2]

e. Determine the distance travelled that will result in the fares for the Orange and Brown
Taxis being equal. [2]

f. Emily wants to give her mother some advice about which taxi company to choose so that
her fare is always the cheapest. What advice should Emily give her mother? [2]

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19. A Plastic model o f a 747 airplane is constructed to a scale of 1 to 144. If the wingspan
of the model is 40 cm, how long is the actual wingspan on a 747 airplane, to the nearest
meter? [2]

20. A recent study indicated that 2 out of 5 families run into trouble with a computer in the
course of a year. If 3000 families were surveyed, how many families would not have
run into trouble with the computer? [2]

21. The RDA of protein intake for males is 56 grams per day. Two ounces of a revolutionary
health drink provides 4 grams of protein. How many ounces of this health drink should
this man drink in a day? [2]

22. You want to purchase some cat food for your pet Furball. You have a discount coupon for
Catz brand only which gives $1.25 off on 25 pounds or more. On the shelf you find,
Catz cat food which is 50 pounds for $19.95, 25 pounds for $10.40 and 8 pounds for
$3.40. You want to get value for money and therefore you are looking for the best buy.
The fifty pound bag is labelled as ‘Best Buy’ and the eight pound bag is on clearance sale
with 10% off. Which pack would you pick? Why? [5]

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23. At 3 pm, Cindy’s shadow is 1.06 meters long. She is 162cm tall. At the same time, a tree
which is about 10 meters away casts a shadow which is6.58 meters long.
a. How tall is the tree, to the nearest hundredths of a meter? [2]

b. Later that day, if Cindy’s shadow was 2.95 meters long, how long a shadow would the
tree have at that time, to the nearest hundredths of a meter? Use the height of the tree
which you determined in part (a) to the nearest hundredths to calculate the tree’s
shadow. [2]

24. About 9 out of 10 adults think it is a good idea to exercise regularly. But of the ones
who think it is a good idea, only 1 in 6 actually exercise at least three times a week.
a. At this rate, how many of the 300 employees in a company actually exercise on a
regular basis? [1]

b. The company has decided to pay a quarterly incentive to the employees who exercise
regularly by giving a special bonus of 3.5% of the employees’ monthly salary. This
means every quarter of the year, the employees will receive the special bonus
(3.5% of their monthly salary) credited into their bank account. As such, how
much more will Lynn make in a year, to the nearest dollar, if she receives this special
bonus, given her monthly salary is $3548. [2]

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25. A not-very-successful daily newspaper company hired a manager who will look into
advertisements. The newspaper contained one-half advertising and one-half news stories.
However, media regulation indicates a newspaper must have four times as much
advertising as news stories to make money. In addition, the advertising must be divided
in the following ratio: 5 to 3 to 1, retail advertising to national advertising to classified
advertising. The daily is typically 45 pages in length.
a. How many pages should be advertising and how many should be news stories, if the
newspaper wants to make money? [2]

b. Based on the media regulation ratios, how should the pages be divided among the
three types of advertising? [3]

c. After you made the changes in the advertising distributions ratios, the newspaper
began making a profit-for the first time in years, last year. If last year’s total
advertising revenue was $810, 000, how much was earned by each of advertising? [3]

d. If the manager is promised a ‘two hundredths’ share of each year’s revenue from
retail and classified advertising, and ‘one seventy-fifths’ share for national. How
much bonus will he receive for last year’s sales? [3]

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26. Adrian has begun a new job as a car sales man. His fortnightly wage is calculated in two
parts: the first, a fixed amount of $600; the second, 2% of sales made each fortnight.
a. Find the linear model which describes Adrian’s fortnightly wage.

b. How much can Adrian expect to take home if he makes $20,000 in sales in a
particular fortnight?

c. How much must Adrian make in sales in order to obtain a fortnightly wage of
$2400?

Brett, is also a salesman in the motor vehicle industry, is paid a fortnightly salary of
$860 regardless of sales made.

d. Find the linear model which describes Brett’s fortnightly salary.

e. Compare Adrian’s and Brett’s fortnightly wage when both of them do not make
any sales in that fortnight.

f. How much would Adrian have to make in sales in one fortnight to obtain the
same amount as Brett takes home?

g. Sketch on the same plane the linear model which describes Adrian’s and
Brett’s fortnightly wages.

27. Novak Novelties manufacturers a variety of children’s 3-D puzzles. The director of the
company has asked his assistants Caitlin, Bridget and Emese to prepare a report on

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production costs, expense and returns on the puzzles. Each puzzle costs the company
$15 to produce. In addition, the company has monthly overheads of $21,000. The
selling price of each puzzle is $45.
a. Write an equation that describes the total cost, C, of producing n puzzles for a
month.
b. Write an equation that describes the revenue generated, R, from selling n
puzzles.
c. On the same plane, sketch the graph for cost and revenue.
d. Clearly indicate the significance of the intersection points between the two
lines. Find the coordinates of this point.
e. Shade the portion between the two lines to the left of the intersection points.
Explain what this portion means.
f. Shade the portion between the two lines to the right of the intersection points.
Explain what this portion means.
g. Write an equation describing the profit obtained, P, after selling n puzzles.
h. Determine whether a profit or loss is made when the number of puzzles sold in
a month is:
i. 400
ii. 600
iii. 800
iv. 1000

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