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Math 10 A&W – Class starter

Math 10 A&W – Class starter. Next Class : Unit 1 Test Please hand in your 1.5 Assignments at the front of class Today we will review the following concepts Ratio’s and Proportions Unit Price Discounts, Markup’s and Tax Currency Exchange

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Math 10 A&W – Class starter

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  1. Math 10 A&W – Class starter • Next Class: Unit 1 Test • Please hand in your 1.5 Assignments at the front of class • Today we will review the following concepts • Ratio’s and Proportions • Unit Price • Discounts, Markup’s and Tax • Currency Exchange • Before you start the review package, let’s try a couple examples

  2. Chapter 1 Review • Ratio’s and Proportions • A 12-muffin recipe calls for 2 cups of sugar for every 5 cups of flour. • Write the ratio sugar to flour as a proportion. • Write one Equivalent ratio’s for sugar to flour • How many cups of sugar and flour would you need to make 36 muffins? • How many cups of sugar would you need if you planned on using 25 cups of flour?

  3. Chapter 1 Review Unit Price: If a package of 12 pens cost $38.98, what is the cost of 1 pen?

  4. Chapter 1 Review Items on Sale If the price of an item is $150.00, what is the selling price (not with taxes) if the item is marked down 15%?

  5. Chapter 1 Review Taxes In Regina the price of an item is $50.00, what is the final price including GST and PST (5% each in Sask)?

  6. Chapter 1 Review Sale and Tax The bakery in Regina is selling day-old buns at a 40% reduction. If the regular price is $4.79/doz, what is the reduced price including a 5% GST tax?

  7. Chapter 1 Review Currency Exchange James works for an industrial lighting company. He travels to Hong Kong to attend a trade show. James sees a fluorescent track lighting unit priced at 1295.31 Hong Kong dollars. What is the cost in Canadian dollars if $1.00 CAD is worth 7.3181 Hong Kong dollars? (1 CAD : 7.3181 HKD)

  8. Chapter 1 Review • Challenge! • You have a $1000 European Dollars (exciting!!). The exchange rate is 1 CAD: 1.60 Euro. How many Canadian dollars would you receive if you had to pay 5% for the transaction?

  9. Chapter 1 Review • You have $1000 Canadian dollars (I wish…). You are hoping to exchange your money for Australian Dollars. Unfortunately there is no exchange rate for CAD  AUS. Fortunately you CAN exchange your money to British Pounds. And an exchange rate from GBP to AUS… How would you solve this problem? • 1 CAD : 1.70 GBP • 1 GBP : 2.5 AUS • Note: This is not a good method to exchange money! Two many exchanges leads to more fees!

  10. Chapter 1 Review • Collect the Unit 1 Review Assignment from the front of the room • Work on this assignment for the rest of the class • This assignment is due NEXT CLASS

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