Questions – Session 01

1. Anthony writes crime novels. He has just received the half-yearly statement of sales
of his latest novel. He has been informed that 20000 copies were printed and there are
8760 left in stock. Anthony receives 15% of the retail price as royalties.

a How many copies of his latest novel were sold?

b What is Anthony’s royalty if the retail price of his latest novel is $24.95?
c What is Anthony’s royalty if the retail price of $24.95 was discounted by 10%?

2. A doctor charges each patient $33.50 for a consultation. She works for 6 hours a day
and usually sees 5 patients per hour.

a How much money does the doctor receive each day?

b The doctor also has costs of $410 per day. What is the profit for the day?

3. Bailey is paid a royalty of 11.3% on the net sales of his book. The net sales of his
book in the last financial year were $278420.

a What was Bailey’s royalty payment in the last financial year?

b Net sales this financial year are expected to decrease by 15%. What is the expected
royalty
payment for this financial year?

4. The maximum Youth Allowance is reduced by $1 for every $4 that the youth’s
parents
income is over $31 400. By how much is Hannah’s Youth Allowance reduced if her
parents
earn a combined income of $35 624?

To calculate how much Hannah's Youth Allowance is reduced, we first need to

determine the amount by which her parents' income exceeds $31,400.

Parents' income exceeding $31,400 = $35,624 - $31,400 = $4,224.

Now, we know that for every $4 that the parents' income exceeds $31,400, the Youth
Allowance is reduced by $1.

So, we divide the amount by which the parents' income exceeds $31,400 by $4 to
find out how many times the $4 threshold is exceeded:

$4,224 / $4 = 1056.
5. Convert the following.

a) 5cm = __mm
b) 78m = __cm
c) 2km =__m
d) 890m = __cm
e) 57cm = __mm
f) 9400m = __km
g) 8100cm= __m
h) 49000cm = __km
i) 22000m = __km
j) 51mm = __cm