Q-1. The price of the plane ticket was increased by 171, while before the increase its price was 720. By what percentage was the price increased?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Q-5. The value of a motorcycle decreases by 16 % per year. Give answers to
one decimal place.
a) When the current value of a motorcycle is 9600 euros, what will it be worth 5
years from now?
euros
b) What was the purchase price of a motorcycle 4 years ago?
Euros
Q-6. The sugar content of a juice was 10 percent before it was changed to 8 percent.
Give your answer to two decimal places.
a) How many percentage points the concentration was reduced?
a) How many percent points is the sugar content
Q-7. The price of the mobile phone was lowered first at 13 % and then again at
23 %. After this, the price was increased 46 %.
a) Did the price fall or rise (1=fall, 2=rise)
b) By how many percent points did the price increase/decrease? Give your
answer by two decimal places.
Q-8. Laura's gross salary is 2476 euros per month. She pays 20 % tax on it.
How much is left for her after taxes? Give your answer to two decimal places.
Transcribed Image Text:Q-5. The value of a motorcycle decreases by 16 % per year. Give answers to one decimal place. a) When the current value of a motorcycle is 9600 euros, what will it be worth 5 years from now? euros b) What was the purchase price of a motorcycle 4 years ago? Euros Q-6. The sugar content of a juice was 10 percent before it was changed to 8 percent. Give your answer to two decimal places. a) How many percentage points the concentration was reduced? a) How many percent points is the sugar content Q-7. The price of the mobile phone was lowered first at 13 % and then again at 23 %. After this, the price was increased 46 %. a) Did the price fall or rise (1=fall, 2=rise) b) By how many percent points did the price increase/decrease? Give your answer by two decimal places. Q-8. Laura's gross salary is 2476 euros per month. She pays 20 % tax on it. How much is left for her after taxes? Give your answer to two decimal places.
Q-1. The price of the plane ticket was increased by 171, while before the
increase its price was 720.
By what percentage was the price increased?
Give your answer as a number with two decimal places. No need to use the %
sign.
Q-2. Fund A generated 1086 € per year, while Fund B generated 890 €.
How many percent points higher was Fund A's return? Give your answer to
two decimal places.
Q-3. Antti spent 87 % of his salary during the month, leaving him 380 to save.
How much is Antti's net monthly salary? Give your answer to two decimal
places.
Q-4. In 2010, the total price of textbooks for the entire high school period was
about 2072 euros, while in 2020 it was about 2500 euros. How many percent
points would the price have to fall to end up back at the previous price level?
Give your answer to two decimal places.
Transcribed Image Text:Q-1. The price of the plane ticket was increased by 171, while before the increase its price was 720. By what percentage was the price increased? Give your answer as a number with two decimal places. No need to use the % sign. Q-2. Fund A generated 1086 € per year, while Fund B generated 890 €. How many percent points higher was Fund A's return? Give your answer to two decimal places. Q-3. Antti spent 87 % of his salary during the month, leaving him 380 to save. How much is Antti's net monthly salary? Give your answer to two decimal places. Q-4. In 2010, the total price of textbooks for the entire high school period was about 2072 euros, while in 2020 it was about 2500 euros. How many percent points would the price have to fall to end up back at the previous price level? Give your answer to two decimal places.
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