Basic calculation

Applied calculation

Applied economic calculation

Calculate: your answer should be a fraction.

1/3 + 1/4

Calculate: your answer should be a fraction.

3/4 + 3/8 * 5/2

Calculate:

46% of 98

Calculate:

€200 = 114%.
How many euro is 100%?

Bob spotted a new printer on sale at 16% off the normal price of €120.

What does Bob have to pay for the printer?

Karen buys a sweater at H&M at €49 including 21% VAT.

What is the price of this sweater exclusive of VAT?

Calculate:

14+91/8

A sports complex covers a surface area of 143 metres wide and 199 metres long.

What is the surface area of this sports complex in hectares?

Marcy deposited €1000 into the bank. She gets 4% interest per year.

If Marcy does not withdraw the interest, but leaves it in her bank account, what will be the amount in her bank account

at the end of year 5?

Three girls are dividing 20 sweets among themselves according to the ratio of 1 (Venice) : 2 (Cindy) : 3 (Karen).

How many whole sweets does Karen get?

A coach uses 1 litre of petrol per 5 km. 1 Litre of petrol costs on average € 1.50. The coach travels to and from Barcelona, which is a distance of 3000 km.

What are the total fuel costs for this journey?

Matthew rents a car at Rent-a-Car. The rent consists of a fixed amount of € 55 per day, in addition to € 0.20 per kilometre travelled.

If Matthew returns the car after one day, and he receives

an invoice of € 70:

How many kilometres (whole kilometres) did Matthew drive that day?

A hotel attracted 50,000 guests in 2014. In 2013, the hotel was visited by 45,000 guests. And in 2012, the hotel recorded a visitor number of 40,000.

Question: What is the index value for 2014, if 2012 is the base year? (A base year does not have any decimal places).

A study into holiday expenditure has demonstrated the following:

200 families did not go on holiday.

250 families spent €1,500 while on holiday.

500 families spent €2,000 while on holiday.

300 families spent €2,500 while on holiday.

What was the average holiday expenditure according to this study?

Five friends are going out to have dinner in a restaurant. The total dinner bill is €185. They want to split the amount according to the proportion of their respective incomes. The proportion of their income is 6:5:3:4:2

How much does the person who earns the highest income have to pay?

A tourist wants to know how great the distance is between his hotel and the airport. The map has a scale of 1 to 50,000. On the map, the distance between the hotel and the airport is 20 centimetres in a straight line. The distance by road is estimated to be 1.5 times as long.

How great is this distance in kilometres in reality?

The components of a tour package often consist of Transport, Accommodation and Entertainment. For a package deal to Spain, a tour operator has procured accommodation worth €250, the plane ticket costs €325, and the excursions cost €125. The selling price has been set at €795. The gross margin is the difference between the selling price and the procurement costs of the various tour components.

What is the gross margin, expressed as a percentage of the selling price? (please round to one decimal place)

You borrow €600 from your father to take a nice holiday. Because your father wants you to learn how to handle money properly, you agree that you are going to pay back the money within 6 months’ time. Borrowing money costs money, and so you also have to pay interest. The interest is 1% per month over the outstanding loan amount at the end of every month. Instalments and interest are paid at the end of every month.

What is the amount of interest plus instalment that you have to pay back in the first 2 months?

A family-owned hotel has 40 rooms and is open 200 days a year during the tourist season. The room occupancy rate was 65%. On average, 1.7 guests per room spent the night.

How many guest nights were there this year?

A businessman buys a company car for €40,000 and uses this car over the next 6 years. After 6 years, the residual value of the car is presumably €4,000. The depreciation is a fixed amount per year.

What are the annual depreciation costs of this car?

Suppose that the cost price of a tour is €645 and the profit margin is 11% of the selling price.

What, in that case, is the selling price? (please round to the nearest whole number)

During a tour across Norway, someone takes 2,000 Norwegian Krones from a cash dispenser. The currency is as follows:

Buying rate 1 euro = 7.3266 Norwegian Krones.

Selling rate 1 euro = 9.1710 Norwegian Krones.

How many euros were withdrawn from the account? (please round to the nearest whole number)

A club wants to visit a city event by bus. The bus takes a maximum of 50 passengers, and so a maximum of 50 club members can participate. The costs of the bus are €600 for a whole day. The entrance fee to the event costs €25 per person. The excursion is inclusive of 2 drinks, for which the organisation has to pay €5. The participants have to pay €50 to be able to join the trip. Lunch is at their own expense.

Calculate the number of participants at which the organisation does not suffer any loss.

The web shop Cyclingholidaystore.nl has paid €25.40 to one of its suppliers for purchasing a first-aid kit. This price is inclusive of 21% VAT.

What is the purchase price for the shopkeeper exclusive of VAT?

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