Chapter 2 review

Section A
Question 1 2A
Jana is baking cookies for her upcoming birthday party.

3 3 1
The recipe contains 1 cups of flour, of a cup of sugar and 1 cups of chocolate.
4 4 3

The ratio of flour to sugar to chocolate is

A. 5 : 2 : 3

B. 5 : 2 : 4

C. 7 : 3 : 5

D. 19 : 8 : 12

E. 21 : 9 : 12

Question 2 2B
The cost of a plane ticket from Melbourne to Paris is $981.80 before GST is added.

The cost of the plane ticket after GST is added is closest to

A. $893

B. $975

C. $982

D. $1080

E. $1118

Question 3 2E
Lachie takes out a personal loan of $8 200.

VCE General Mathematics Units 1&2 1

He is required to make monthly repayments of $190 for 4 years in order to repay the loan.

The amount of interest Lachie will pay is

A. $820

B. $880

C. $920

D. $940

E. $1000

Question 4 2D
Vickie buys 24 oranges from the farmers market for $38.40.

The amount of oranges that can be bought with $20 is

A. 9

B. 10

C. 11

D. 12

E. 13

Question 5 2C
At the start of 2018, the price of an iced latte was $5.50.

Since then, the price of an iced latte has increased annually in accordance with the average annual
inflation rate of 2.8%.

The price of an iced latte at the start of 2023 is closest to

A. $5.50

B. $6.10

C. $6.30

D. $6.50

E. $6.80

Question 6 2A
The Lorne Pier to Pub swim covers a distance of 1.2 km.

Max completed the swim at a pace of 3.9 km/h.

VCE General Mathematics Units 1&2 2

Max’s pace is closest to

A. 1.08 m/s

B. 1.12 m/s

C. 1.83 m/s

D. 10.8 m/s

E. 65.0 m/s

Question 7 2D
241% of 455 is

A. 188.80

B. 322.70

C. 641.55

D. 855.25

E. 1096.55

Question 8 2C
Athan has a piggy bank containing $347.20.

The average annual inflation rate over the next 15 years is predicted to be 3.5%.

The spending power of the money in Athan’s piggy bank in 15 years is

A. $207.24

B. $212.88

C. $243.51

D. $345.38

E. $581.68

Question 9 2B
On May 1st 2022, the price of a bitcoin was $37 653.17 (USD).

On June 1st 2022, the price of a bitcoin was $31 776.51 (USD).

VCE General Mathematics Units 1&2 3

The percentage decrease in the price of a bitcoin in May 2022 is closest to

A. 11.2%

B. 12.6%

C. 15.6%

D. 18.5%

E. 21.9%

Question 10 2E
Joe’s credit card has an interest rate of 12% p.a, with up to 55 interest-free days.

He pays $1250 for a baseball bat with his credit card on the 18th day of his billing cycle.

He plans to pay the outstanding balance 50 days after the purchase.

The amount Jack will pay is

A. $1250.00

B. $1254.94

C. $1255.35

D. $1256.85

E. $1257.73

Section B

Question 1
Simon plans to give his Pokémon card collection away to his younger cousins, Angus, Ben and Clayton.

He has a total of 240 Pokémon cards.

The ratio, Angus to Ben to Clayton, of Pokémon cards Simon plans to give away is 4 : 2 : 9.

a. How many Pokémon cards does Simon plan to give to Angus? (1 MARK)

VCE General Mathematics Units 1&2 4

Simon finds another 54 Pokémon cards.

b. What is the percentage increase in Pokémon cards that Simon owns? (1 MARK)

c. Simon decides to split the additional 54 Pokémon cards equally amongst his cousins, while
keeping the original ratio for the first 240 Pokémon cards.

What is the new ratio, Angus to Ben to Clayton, of total Pokémon cards that Simon plans to give
away? (1 MARK)

Question 2
At the start of 2010, an Australian online store sold a brand of ceramic water bottles for $72.

a. Calculate the GST paid on each sale of a ceramic water bottle at the start of 2010.

Round to the nearest cent. (1 MARK)

In May 2010 the online store sold 43 425 ceramic water bottles.

To increase the number of sales, the online store offered a 30% discount for the entirety of June 2010. As
a result, the number of sales in June 2010 was 160% of the number of sales in May 2010.

b. What was the selling price of the ceramic water bottles in June 2010? (1 MARK)

c. How many sales of ceramic water bottles were there in June 2010? (1 MARK)

d. Calculate the rate of sales per hour in June 2010.

Note: There are 30 days in June. (1 MARK)

e. 31 266 of the sales in June 2010 were from Australian customers.

Calculate the percentage of international sales in June 2010. (1 MARK)

Since the start of 2010, the price of ceramic water bottles has increased annually in accordance with the
average annual inflation rate of 3.2%.

f. Calculate the price of a ceramic water bottle at the start of 2019.

Round to the nearest cent. (1 MARK)

Question 3
Hamish is opening up his own carpentry business.

He calculates that he will require approximately $15 000 in order to purchase equipment, materials and
pay the wages of his workers for the first few house frames.

He currently has $8600 in his bank account

a. Which purchase option, cash, debit card or credit card, is Hamish able to use in order to pay for
all the elements required to start his business? (1 MARK)

b. Hamish instead decides to obtain a personal loan for the remaining $6400.

VCE General Mathematics Units 1&2 5

 He is required to make monthly payments of $230 in order to fully repay the loan in exactly 3
years.

What annual interest rate is the bank charging on Hamish’s loan?

Round to two decimal places. (1 MARK)

As his business grows, Hamish needs to purchase an additional $4200 worth of timber.

Hamish is offered a buy now pay later option where he can pay for the materials with 20 weekly
payments of $210.

Alternatively, Hamish could make the purchase using his credit card. His card charges 10.4% p.a. and has
a 55-day interest-free period. Hamish would make the purchase on the 1st day of his billing cycle and will
be able to make a lump sum repayment 89 days after the day of purchase.

c. Which option will be more expensive for Hamish, and by how much?

Round to the nearest cent. (1 MARK)

Chapter 2 review answers

Section A
1. E
2. D
3. C
4. D
5. C
6. A
7. E
8. A
9. C
10. B

VCE General Mathematics Units 1&2 6

Section B
1.
a. 64 Pokémon cards
b. 22.5%
c. 41 : 25 : 81
2.
a. $6.55
b. $54.40
c. 69 480 sales
d. 96.5 sales/hour
e. 55%
f. $95.60
3.
a. Credit card
b. 9.79%
c. Credit card; $40.88

VCE General Mathematics Units 1&2 7