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UTS BUSINESS SCHOOL


UTS CRICOS PROVIDER CODE: 00099F business.uts.edu.au
PLEASE ATTEMPT
TO SOLVE THE
FOLLOWING EXERCISES
DURING PREPARATION
WEEK

• Generally, starred exercises are more


challenging than non-starred ones.
• Final results for all exercises can be found at
the end of the book.

UTS BUSINESS SCHOOL


UTS CRICOS PROVIDER CODE: 00099F business.uts.edu.au
SECTION 1.1: EXERCISES

• 1.1.5.(f): Simplify the following algebraic expression by


collecting like terms
+ + +9
• 1.1.6.(e): Without using a calculator find the value of
+ ( ) when , = 20,10
• 1.1.13.(a): Multiply out the brackets
+2 +5
• 1.1.15.(d): Factorise 9 100
• 1.1.16.(b): Simplify +2 +5

business.uts.edu.au
-
o
+
u

a
n ⑧
IIE I
ut T
fE" Ee
- Os
→ re
s
ee
m
-

I E ee
ut t t
+
on ee
i :÷
¥
.
I EY e
ul is 3 =
↳ n
§ IIE t
t
&
Ii v
f t
3in ?
Ef
i
i LE
"
"

T
"
1.1.13
Ng

cxOe@txeo1-XrxtLx.5t2.x this

= Xlt 7×+10
-
""

I s .
.

= ( 3×113×1 -

Hoy) ( Coy )
L
= 13×12 -

( cog )

lusted=
Xx log) ( 3kt log )
-

ties;Y rescuing:3 ;
" 16 '

N3xe2 ) -3×6+51
=
2×2 X -
31L -
Ex

= 2X CSX
-

- '

X(2-15)=14-131
= -13A
SECTION 1.1: EXERCISES (CONTINUED)

• 1.1.18.(a): Write down a formula for the following


situation:
A plumber has a fixed call-out charge of $80 and has an
hourly rate of $60. Work out the total charge, C, for a job
that takes L hours in which the cost of materials and parts
is $K.

• 1.1.4*(c): Without using a calculator evaluate the


following expression when , , = 1, 2, 3
+
+

business.uts.edu.au
1. l .
'O

* Fixed charge $80



*
per hour :$ Go
* Rabies
Fg
How much does it cost to trace
tee
poem w Jou L hors ?

C- 80 the L Go .
.tk/-4-4-3/XgtCxetKz-g
*c , Hey
)
c-
Xegllx H -

=
filth (-1-371-34-4)
=
(-1-271-14-37)

=¥f;4i¥4
SECTION 1.1* EXERCISES

• 1.1.5*: Multiply out the brackets and simplify


+ +2 +3
• 1.1.8*(f): Factorise 60 4 6 15 2 4 + 3

• 1.1.10*(d): Evaluate the following without using a


calculator
2 2
123 456 789 123 456 788

business.uts.edu.au
I .
C 5
r

Kool ¥4 Ex yes I
¥71
-
-

( )
'
2- e3 X t 2x -25+6
x x x g x
e
y y y
-

- -

w
O
'

)
'
=
X -

g
2-
( x Ksx y x -2g do -

5
=
g 2-5X e
gx Lg -6
-

x
" " t

6ox4yKc5x2gGt2ofg3
• -

X (60×396 15×94+20531
g
-

- -

xg46ox3g-
'
-
I
-
say +201
Xy 342¥33 -

I-3×5+5.41
5×842×353 by -

+ 41
1.1.10 Id l

( I 23 456 789T -
( 12345678812

23 456 to g)
'
-

( ( 23456789 - IT
( 123
78912-(112345678912-2423456789)
= 456

t l )

= 2 ( 123
4567891 -

/
-

I

Tis
+ is :*: : : :

=
246913577
SECTION 1.1* EXERCISES (CONTINUED)

• 1.1.11*: A specialist paint manufacturer receives $12 for


each pot sold. The initial set-up cost for the production
run is $800 and the cost of making each tin of paint is
$3
a) Write down a formula for the total profit, , if the firm
manufactures pots of paint and sells pots.
b) Use your formula to calculate profit when = 1000
and = 800.
c) State any restrictions on the variables in the
mathematical formula in part (a).
d) Simplify the formula in the case when the firm sells
all that it manufactures.

business.uts.edu.au
Priti't = Revenue -
Total costs
-

Revenue :
Quantity sold (y )
times price per quantity 1121
Thus ; Revenue -

-
12 g-

800

Total Costs Fixed costs :

tVariaJEC
↳ Costs per pod produced
txt → 3
TC -

- 800+3 . X

IT =
IL y
-

( 800+3×1 -

- Ny -3×-800
s) x

IT -

125-3×-800
= 1218001-3000 -
800

= 11 ( 8001 -
3000
=
8800 -
3000=5800

4 Manufacturer can 't sell


more pots than it produces .

Thus X z i can
't
produce & see
:
y
negative quantities :X , yzo

d) y=x .
xzyzo

IT 12×-3×-800=9×-800
SECTION 1.2 EXERCISES

• 1.2.3.(e): Reduce the following algebraic fraction to its


lowest terms

• 1.2.4.: Reduce each of the following fractions to their


lowest terms by factorising the numerators and/or
denominators
+2
(d) (e) 2
4
• 1.2.5.: Which one of the following algebraic fractions
can be simplified? Why can the two others not be
simplified?
1 2
, ,
2 +2

business.uts.edu.au
12.3
I5a2S
Ea

=
51.3 .

al -

a -8
-

F. 44.8-5
= 39

Is
-
1.
2.4yd , iced 27dL .

ud -
He 3. t.d-7.de

2- 7. d
=

¥¥=¥e
let
¥=iI¥ -

¥
"s

s=¥¥i 't
Ue factor
X×÷
can 't

out
anything

5T We factor
can 't

lots the denominator


SECTION 1.2 EXERCISES (CONTINUED)

• 1.2.8.(h): Work out the following, simplifying your


answer as far as possible
÷
• 1.2.10: Which of the following inequalities are true?
a) 2 < 1 b) 6 > 4 c) 3 < 3
d) 3 3 e) 21 22 f) 4 < 25
• 1.2.11.(c): Simplify the following inequality
5> +4

business.uts.edu.au
-

1. 2.8
GI
7


9h

-
=Ig¥f¥=¥
1.2.10
a) V d) ✓ e) Vfw
-
1.2.11 X -534×+4 I -

533×+4 I -
4
⇐ -

g > 3X I -

I
⇐s
-

3 ox
SECTION 1.2* EXERCISES

• 1.2.6*(a): An amount is placed in a savings account.


The interest rate is compounded annually so that
after years the savings, , will be
= 1 + 100
Find when = 2000, n = 5 and = 10.
• 1.2.7*(d): Solve the following inequality:
3+ <2 +4
3
• 1.2.9*: List all the whole numbers that satisfy both of
the following inequalities simultaneously:
7 < 6 and +1 +2

business.uts.edu.au
1. 2.6
"

f- PCIe Foo)
P -2000 ,
h -

- 5
,
F- ( O

S ( -

20001/1-1%15
-

20001¥15
= 2000 .

( 1.115
Cal tou
3221 .
oh
1. 2. t

3T Es Luxe El

⇐ 3 -

c F C 2×+8 I -

E
⇐ l
3 Fer
C 2x -
-


JA

⇐ -

5 LEX ( I
'


'

Hyo .

E- I -3 CX
1.29
-

712×26 (1)
↳ Xel EXEL ( 21

① Si -

polity 121 :

4xelEXt2 TX -

⇐ TX El l -

I

I
② Inequality consists of two parts :

Parti :
→ EZX t 'T
⇐ -3.55€
Parts : 2xc6 I. I

"
skin .

All
However
three
we
inequalities
are
hold
ashed about
,

whole hunters ( e.g 42,3


.
,
-
I
,
-4 .
. 1

Solution :

-31-4-1,07I
-
SECTION 1.3 EXERCISES
• 1.3.2: An airline charges $300 for a flight of 2000km
and $700 for a flight of 4000km.
a) Plot these points on graph paper with distance on the
horizontal (x) axis and cost on the vertical (y) axis.
b) Assuming a linear model, estimate
i. The cost of a flight of 3200km
ii. The distance travelled on a flight costing $400
• 1.3.5: If + = 24, complete the following table and
hence sketch this line: x y
0
0
3

business.uts.edu.au
1. 3.2 Cost

:¥÷
700 •
-

"

.
[000
. ..
. .
.

b) Assuming a linear model means :

All price distance co -


- Sina has
lie on tee line Sethe e- the two points
fro la )
-
:

y , m x x
.

( here : x -

-
distance ,
y
= cost ,
Sj iaawgep twice
)
2 points are enough to
pin door mess
700 = M .
4000 e b I

300 =
in -

2000 t S II
- -

I -

I =

400=2000 m

m -

tf
substitute in I :

700 G ooo S
t t
'
-

⇐) f =
-
100

Thus , 100
y Is ex -

(i) TX 4=3200 the -

y =
Is ( 32007-100=540 -

Iii ) 400 =
I -

X -
too ⇐ 500 -
-

fax
⇐ ) 11=2500
SECTION 1.3 EXERCISES (CONTINUED)

• 1.3.6.(b): Solve the following pair of simultaneous linear


equations graphically:
+ =
+ =

business.uts.edu.au
1. 3.6

3×+45-12
EI ,
( icy
x -
-
- o

SETI I -3
3×+4=12
:
x


Gg -

-
12 -
Tx l I -


g=3-7 l )
CIL :
X-ray -

-
8 I -
X

⇐ Gg 8 x 1. I :*

gene
-
-

,
-

⇐ y
-

-
2-
¥14

§sAlfaYdN
"
High ch -127
crist
gddio
"
74¥:#
X=2
g. = 1.5
SECTION 1.3* EXERCISES

• 1.3.1* Which of the following points , lie on the line


= 25?
5, 2 , 10,1 , 5,0 , 5,10 , 5,10 , 0, 5
• 1.3.4* Identify the two lines in the following list which
are parallel:
a) + = 2 b) = 1 c) =6
d) = 9 e) = 0. + 2

business.uts.edu.au
1%13×-55-25 I -34

⇐ -

5g
-

- 25-34 l .

tf )

g 5tZx
-
=

(Ky) -
-
( 5 -2)
, ? -

5+25-5=-21
( 10,1 ) ? 5+25.10=11
-

1-507 ? -5+251-57*01
( 5110) ?
-5+25-54101
1-5,107 ? -5+251-5/4101
(O ,
-51 ? -5-125-0=-51
in
a) y -
-
-

IX z
-

g
-
-
hxes

SI g
I-II
-

c) 6-3×-3
y
-

L
( -2 )
d) g
9¥42 'T
-
-

e) Fox fo I
-

ez
y
- -

b) and d) are
parallel
( i.e hae Ae
.

thy Sae score


or m in standard do -

y tuxes )
-

-
SECTION 1.3* EXERCISES (CONTINUED)

• 1.3.6* A bakery discovers that if it decreases the price


of its birthday cakes by $1, it sells 12 more cakes each
month.
a) Assuming that monthly sales, , are related to price, , by a
linear model, = + , state the value of .
b) If the bakery sells 240 cakes in a month when the price of the
cake is $14 work out the value of .
-

c) Use this model to estimate monthly sales when the price is


$9.
d) If the bakery can only make 168 cakes in a month work out
the price that it needs to charge to sell them all.

business.uts.edu.au
1. 3

Cal M -

- a. Pts

Old price : Po i Old sales : Mo


That is : Mo -
-
a -

Pots ( Il

New Price P i new sales


M,
,

that is : M ,
-

-
a. Pits 121
be fun :P, -

- Po -
I
Mi -

-
Mo -112

Substituting in 121 :

Moth a ( Po 1) tf H2 -

-
-

⇐s Mo alpo 1) TS -12 (3) -


-
-

Mo -
-
a Pots ( II

Mo -
al Po 1) + S -12 CLT )
-
III
III :

No Mo-
-

-
apotf -

(alpa ) is -12
-

)
⇐ O =aPot8 -

@ Po -
ats -12 )
⇐ O -
spots Etta -1-112
-

⇐ 0=9+12
⇐ 9=-12

s) M -
H2 ) p +8

Mp tumults
20.12-114.12=8
⇐ s b -

-
34-12=408
c) F- 9 ; what is M?

M -

fly Pt . 408

= fly g -

t 39 -

I 2

=
12 -

( 39 g ) -

=
12 -

25

=
300

d) At which price does th Sales


sell 168 cares ?

168=-1210+408 ⇐
12 P = 240
p -
-
20
SECTION 1.3* EXERCISES (CONTINUED)
1

• 1.3.7*
1) Show that the lines + = and + =
are parallel whenever = 0.
2) Use this result to comment on the solution of the
following simultaneous equations:
=1
+ =7

• 1.3.8* Write down the coordinates of the points where


the line + = intercepts the axes

business.uts.edu.au
1. 3.7 Assure SEO
1) axtJg=c

④Jessy tcandavdlfou

-
C -
-

ax
( y=mXtc )

⇐ g
-
-
-

Execs
Assure # o
dxteg f -

dx
⇐ eg
-
-

f -

⇐ g
-

-
E- Ex
lines are parallel if coefficient info - t

ofxisteesane - That is :

db
de of
ae
-
-
-
-

-
- -

⇐ ds ae
-

D8
⇐ Sae o
-
- -
4 Here :

a
-

- 2 ,
S -

-
-

d -

-
-3 e =
6
,

a 12
e
Lines
-
-

parallel
-

are .

d. f = 12
to Two parallel lies
which are not identical never En le seat a
.

Thus : No Solution to this syst


Fe focus this
on
ago e
- it

in
greater detail next Cedrone)
I. 3.8
ax +
Sg -

-
C
117
1) Ue ash :

Suppose g=o .

What Value must x trade so


-

thalli)
holds true ?

axtf .

0=0

C- ) ax
Assoeafo
= c

⇐ X -
I Intercept with y -

ans

soppoecx.SI#aio7X=o.UhcIVaLuemustytclesoHat
2) beast :

(1) holds ? Assumes -40


a.0+55-0
⇐s 5- E (x ,y ) (QE )
-

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