UPLINK COLLEGE ENTRANCE TEST REVIEW

MATHEMATICS EXERCISE 7 SOLUTIONS

1. ANS: C 7. ANS: B
The only possible bills left are 200, 100, 50 and 20. If we assign 𝑥 as the amount invested as BDS, the
Logically, to get the highest amount, the double bill amount invested in BSB would be:
should be the highest. Thus: 300,000 − 𝑥
200 + 200 + 100 + 50 + 20 = 𝟓𝟕𝟎 We equate the interests earned by each bank and
2. ANS: B solve for 𝑥:
If you divide 100 into groups of 7: 0.02(𝑥) = 0.04(300,000 − 𝑥)
100 ÷ 7 = 14 𝑟. 2 0.02𝑥 = 12,000 − 0.04𝑥
So there are 14 groups of 7 with a remainder of 2 0.02𝑥 + 0.04𝑥 = 0.06𝑥 = 12,000
cupcakes. So the total cost would be: 12,000
𝑥= = 𝟐𝟎𝟎, 𝟎𝟎𝟎
14(77) + 2(15) = 1078 + 30 = 𝟏𝟏𝟎𝟖 0.06
3. ANS: B It would be easier to solve this using common sense.
This kind of question would be difficult to solve The earnings of BDS is half compared to the earnings
through a mathematical equation. The easier option of BSB. So to make them equal, BDS investment
would be to trace the spending backwards through should be double the BSB investment. The only way to
universe operations (i.e. plus instead of minus, double partition 300,000 this way is for BDS to have 200,000
instead of half). and for BSB to have 100,000.
Day End Dinner Shop Breakfast Start 8. ANS: A
(+200) (x2) (+200) Calculating a compounded interest using the equation
3 0 200 400 600 600 can be difficult, so manually calculate for it instead.
2 600 800 1600 1800 1800 Since the annual interest of 4% is to be applied twice
a year, only 2% should be applied each time:
1 1800 2000 4000 4200 4200
Period Principal Interest Total
4. ANS: C
1 10,000 0.02(10,000) 10,200
Organize the information given especially if there are
200
many.
2 10,200 0.02(10,200) 10,404
Category Worth Units Subtotal 204
Regular Day 400/day 18 days 7200 3 10,404 0.02(10,404) 10,612.08
Holiday 800/day 2 days 1600 208.08
Regular OT 60/hr 4 hrs 240 4 10,612.08 0.02(10,612.08) 10,824.32
Holiday OT 120/hr 2 hrs 240 212.24
TOTAL 9280 9. ANS: A
5. ANS: D The bond earns a withdrawable interest of 5% per
Calculate the total saved from the discounts: year. By the time that Katelyn bought the bond, there
0.2(800) + 0.1(1200) are only 3 years left. After maturity, Katelyn should
180 + 120 = 280 have a total of:
Calculate the percentage of the amount saved from 50,000 + 3[0.05(50,00)]
the total original price: 50,000 + 3(2500)
280 280 50,000 + 7500 = 𝟓𝟕, 𝟓𝟎𝟎
= = 0.14 = 𝟏𝟒%
800 + 1200 2000 10. ANS: B
6. ANS: C Xander should only earn from the 20 shares he sold.
Calculate the amount deducted as discount: Each share should have earned 1% each, so:
0.2(24,000) = 4800 20[0.01(1500)]
Calculate the discounted price: 20(15) = 𝟑𝟎𝟎
24,000 − 4800 = 19,200
Since Mandy wants to add back the 4800 to the
discounted price, calculate the percentage of 4800
from 19200:
4800
= 0.25 = 𝟐𝟓%
19200