8.-9. Mary intends to sell a combo meal with rice, egg and a dish of her own specialty during his free day. It costs her P 38 per meal and the space owner will charge her P290 fixed price for the place, electricity and water supply for that day. She plans to sell P 75 per combo meal. a. Determine the Break-even profit. b. How many combo meals should she sell for that day in order to recover all the expenses? c. How much profit or loss would there be if she would sell 25 combo meals?
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- Teresa Rodríguez, an appliance salesperson, receives a fixed weekly salary plus a commission, which is a percentage of her sales. One week, between fixed salary and the percentage of sales of $3,000, she receives $850. The following week, between fixed salary and the percentage of sales of $4,000, she receives $1,000. Determine her weekly salary and the percentage she receives from her sales. Remember that: weekly fixed salary + weekly commission = weekly salary.C. A patient is a member of a health plan that has a 20 percent discount from the provider and a 15 percent copay. If the day’s charges are $210, what are the amounts that the HMO and the patient each pay?blady has to decide whether to resign or not from his present position and apply for job offering him twice his present monthly salary, that is if he passes the qualifying test. At present he receives $3,000 monthly compensation. The offer in another company has a condition that he will not be allowed to take qualifying test, unless he resigns from his present post. If he passes the qualifying test he will immediately be taken in and have a monthly salary pay of $6,000. If he fails, he will remain jobless. He feels that his chance of passing the test is 35%. Suppose he decides to base his decision on his expected value, should he resign from his post or not?
- 1. The ore of a copper mine in Visayas contains, 0.7 grams of copper per ton. First method of processing costs Php 1,050 per ton and recovers 94% of the copper, while another method costs only Php 900 per ton and recovers 80% of the copper. If copper can be sold at Php 10 per gram how much is the net profit using the first method? 2.The ore of a copper mine in Visayas contains, 0.7 grams of copper per ton. First method of processing costs Php 1,050 per ton and recovers 94% of the copper, while another method costs only Php 900 per ton and recovers 80% of the copper. If copper can be sold at Php 10 per gram which method is better?4. a. A man on an island 12 miles south of a straight beach wishes to reach a point on shore 20 miles east. If a motorboat, making 20 miles per hour, can be hired at the rate of $2.00 per hour of the time it is actually used, and the cast of land transportation is $0.06 per mile, how much must he pay for the trip?. b. A first class radio telephone operator wishes to cut the wire 100 meters long into two pieces. One of the pieces will be bent into shape of a square and the other into the shape of a circle. Where should he cut the wire so that the sum of the areas of the square and circle are maximized?. Express answers in terms of the length of the wire to be bent into the shape of a circle. thank youQ4: Mr. Iqbal Al Hinai works in Alibaba Digital Store, Muscat. He is paid 4.5 OMR per hour. Ms. Rawan works in Omantel Retail Store and she is paid 5 OMR per hour and both of them are eligible for overtime (time-and-a-half pay). Both are supposed to work minimum 7 hours per day and 35 hours per week. If they work less than 7 hrs per day or 35 hrs per week, they will be paid 4 OMR per hour for that week. Last month Mr. Iqbal worked for 37 hrs, 38 hrs 41 hrs and 32 hrs per week while Ms. Rawan worked for 34 hrs, 32 hrs, 31 hrs and 35 hrs per week. a) How much gross pay Mr. Iqbal and Ms. Rawan would receive for the last month? b) If Ms. Rawan had been paid monthly salary, she would have earned more. Give reasons to your answer.
- 6. What is the gross wage for an employee who works a total of 12 hours in a position that pays P490 per hour? Note that the daily working is 8 hours and the overtime rate is 3/2 % of the employee’s regular hourly rate5. Veronica receives a salary of P10,625 per month plus a commission of 4.5% on her sales which totals to 20,000 and 6% on all sales made by her representatives. Find her gross pay of the month if her sales representative made sales of 35,400. 6. What is the gross wage for an employee who works a total of 12 hours in a position that pays P490 per hour? Note that the daily working is 8 hours and the overtime rate is 3/2 % of the employee’s regular hourly rateSuppose that your parents have enough money to buy a car and a house. The car that they want tobuy costs P 800,000.00 while the house costs P 3,000,000.00. According to economists, thedepreciation rate of car is 15% annually while the appreciation rate of houses in the Philippines is2.4% annually. If after 10 years they want to sell both, how much will be their money?
- ZCo's policy is to deduct 1 hour of pay when an employee punches in 5 or more minutes late. One week in April, employee Bo, who is paid $7.25 an hour, punches in 5 minutes late one day and 10 minutes late another, but is on time the other 3 days. Bo works 40 hours that week and ZCo docks him 3 hours’ pay. How much must ZCo pay Bo for the week?3. A real estate agent gets 3.5 % on the price of a house he sells. If he sells a house for P943,000. How much money does he earn? 4. Rich Soria of JRP Mutual Fund Inc, receives a commission of 1 % on the first 10,000 he sale, 2% on the next 10,000 and 3% on all sales in excess of P20,000. What did he receive last month for sales which amounted to P50,000?The manager of a large apartment complex knows from experience that 85 units will be occupied if the rent is $ 800 per month. A market survey suggests that, on the average, one additional unit will remain vacant for each 5 dollar increase in rent. Similarly, one additional unit will be occupied for each 5 dollar decrease in rent. (A) If the rent is $ 800 and indeed 85 units are filled, how much does the apartment manager make in that month? (B) The manager is trying to find the right monthly charge to get the best net revenue. ... Mathematics to the rescue! Let x be the rent for one unit in a given month. We'll write a function that describes his expected revenue as a function of x.First write a function for the number of units filled as a function of x. Hint: you know several points on this function and you know what type of function it is.Units(x) = Now write a function for the revenue that the apartment manager makes as a function of x.Revenue(x) = Finally, Plot the revenue function…