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Posted: April 14th, 2022
Business Math
In-class task #1
3. Chapter 2 – QuestionOld Navy had $940 worth of orders for shirts. The prices
for the shirts were categorized by style: $10 for tank tops, $14 for graphic tees, and $22 for polos. The number of polos ordered was one more than half the number of graphic tees, and the number of graphic tees ordered was eight less than twice the number of tank tops. Determine the number of each type of shirt ordered.
4. Chapter 3 – Question
Gross profit for March was three-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $14200.
a) What was the gross profit for March?
b) What were net sales for March?
5. Chapter 3 – Question
Four beneficiaries are to divide an estate of $500 000 in the ratio . How much should each receive?
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#1 in-class assignment
3. Chapter 2 – Discussion
Shirt orders totaled $940 at Old Navy. The shirts were priced differently depending on their style: tank tops were $10, graphic tees were $14, and polos were $22. The number of polos ordered was one more than half the number of graphic tees, and the number of graphic tees ordered was eight less than twice the number of tank tops. Determine the number of each type of shirt ordered.
4. Chapter 3 – Question
Gross profit for March was three-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $14200.
a) What was the gross profit for March?
b) What were net sales for March?
5. Chapter 3 – Question
Four beneficiaries are
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