A Company provides medical insurance that pays 50.0% of the cost, with a $180.00 deductible. This means that the employees pays the first $180.00, after which the insurance company pays 50.0%. How much will an employee pay if his total medical bill is $1400.00?
First the employee pays = $180.
Remaining bill = $(1400 - 180) = $ 1220
Insurance company pays = 50% of remaining bill
= (50/100)*1220 = $ 610
Remaining $610 is also paid by the employee
So, Total amount paid by employee = $(180+610) = $790
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Two Copiers are being used to produce 2400 copies of a 1-page document. One Copier runs at 150% of the speed of the other. How many copies should be made on the faster copier so that both copiers will finish the same time?
Lets assume the speed of one copier = x
Speed of other copier = 150% of x = 150x/100
So, Ratio of speed = x:150x/100 = 1:150/100 = 2:3
Copies made on faster copier = 3/5 *2400 = 1440
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A Company finds that 62% of applicants pass its hiring test. if 10212 applicants took the test last year and 23% more applicants took the test this year, how many
applicants failed this year?
No of applicants took the test this year = (10212 + 23% of 10212)
=[10212 + (23/100) * 10212] = 12560.76 ~ 12560
As per the question 62% pass every year => 38% applicants fail every year
No. of applicants failed this year = (38/100)*12560 = 4773
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Yearly subscription to professional magazines cost a company $951.00. To Make a 60% cut in the magazine budget, how much less must be spent?
Tax reduced from 3 1/2 or 7/2% to 3 1/3% or 10/3%.
So, the difference in tax = (7/2 - 10/3)% = 1/6%.
=> 1/6 % of Rs. 8400 = 8400*1/6% = 8400* (1/6 * 1/100) = Rs. 14.
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The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and second sellers earned 20% and 25% profit respectively, find the percentage profit earned by the third seller.
Lets assume the original price of the jewel = Rs. P
and profit earned by the third seller= x%.
Then, ( 100 +x )% of 125% of 120% of P = 165% of p
=> [ ( 100+x )/100*125/100*120/100* P ] = [ 165/100* P ]
=> ( 100 + X ) = (165*100*100)/(125*120) = 110,
=> X = 10%.
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In a election between two candidate 10% of votes were invalid winner got 70% of valid votes and was elected by a majority of 900 votes. find the total number of votes?
Lets assume votes = x
valid votes are 0.9x,
Given 70% of 0.9x is 900 more than 30% of 0.9x,
=> 0.9*0.7-900=0.3*0.9x
=> x=2500
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A new apartment complex purchased 60 toilets and 20 shower heads. If the price of a toilet is three times the price of a shower head, what percent of the total cost was the cost of all the shower heads?
Lets assume the cost of shower head = x.
So,cost of the toilet = 3x.
Total cost of 60 toilets and 20 shower heads = 60 * 3x + 20* x = 200x
So shower heads cost as a percentage of total cost = (200x/20x)% = 10%
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When 40 is subtracted from 50% of a number, the result is 50% of 500. find one-tenth of the number?
Lets assume number = x
(x/2)-40= 50/100 * 500 = 250
=> x=580
one tenth of number = 58
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Solv. Corr.
200
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A store has a banner of 25% off on MRP of all branded items. Sheetal goes into the store and buys a belt worth Rs. 75, a shirt of Rs. 1,999 and a shawl of Rs. 2,900. How much amount will she have to pay?
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