Assignment 2

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UNIVERSITY OF CENTRAL PUNJAB

FALL 2023
Course Title: Quantitative Reasoning I
FALL 2020
Course Code: QR101

Assignment No. 2
Course Instructor: Dr. Amal Majid

Section: B2 Program: BSBA Date: 21-11-2023

Submission Date: 27-11-2023 Maximum Marks: 25

Program Objective: 1, 5 Course Objective: 1, 2, 3 Course Learning Objective: 1, 6

TO BE FILLED IN BY THE STUDENT


Student Name: Registration No: Sr. No:

Instructions:
• Attempt all questions on assignment papers.
• Make sure the assignment is properly stapled.
• Attach the question paper with your assignment.

Assignment Topic & Details: Scientific Notation and Percentages


1. Scalpers usually sell tickets at a much higher price than the official $400 rate. The table shows ticket prices
for a recent Super Bowl on different days. (Game day is Sunday.)
Friday $1750
a. What is the percent increase between Friday’s price and the official $400 rate?
Saturday $1700
b. What is the percent decrease in price between Friday and Saturday?
Game Day $1500
c. What is the percent decrease in price between Saturday and game day (Sunday)?
[6]
2. Doug is a student at the University of South Florida. Out-of-state fees at USF are about $7000. He has a
scholarship that pays 80% of the $7000.
a. How much does the scholarship pay and how much does Doug have to contribute?
b. Doug has $1000 to pay his part of the tuition from part a. What percent of his part of the tuition and fees
will he be paying?
c. If tuition and fees cost $1400 and this represents 25% of the state’s total cost of tuition and fees, what is
the state’s cost per student? [6]
3. Evelyn bought a new smartphone for $499 plus tax. She was surprised when she got the receipt and saw that
the tax was $42.42. What was the sales tax rate for this purchase? [4]
4. Elise bought a dress that was discounted 35% off of the original price of $140. What was (a) the amount of
discount and (b) the sale price of the dress? [4]
4
5. Humpback whales are known to weigh as much as 8 × 10 pounds. The tiny krill they eat weigh only
2.1875 × 10−3 pounds. How many times greater than krill are humpback whales? [3]
4 5
6. A bank starts the day with 2.93 × 10 dollars in the vault. At the end of the day, the bank has 3.5× 10
dollars in the vault. How much more money is in the vault at the end of the day than there was in the
morning? [2]

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