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Business Mathematics Exercises

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Q1: Ms. Maryam Al Rawabi had a sum of money and she decided this money to
distribute among Abdul, Ibrahim and Maria in the ratio 2:3:5.
a) If Maria got 750 OMR, how much amount Abdul and Ibrahim will receive? (02
Marks)
b) If Ibrahim gets 150 OMR, how much amount Maria and Abdul will receive? (02
Marks)
c) If the ratio is 1:1:1, discuss how much money each will get? (01
Mark)
a)
Abdul Amount = 2/5 * 750 = 300
Ibrahim Amount = 3/5 * 750 = 450
b) If Ibrahim gets 150 OMR, how much amount Maria and Abdul will receive? (02 Marks)
Abdul Amount = 2/3 * 150 = 100
Maria Amount = 5/3 * 150 = 250
c)
If the ratio is 1:1:1, each one will get the same amount of money. In the first case each one
would receive 500 OMR, and in the second case each one would receive 166.66 OMR

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2) Mr. Mohammed is interested to buy the new Samsung mobile phone. Extra
Electronics sells Samsung mobile phones which is marked up at 40% on the cost price
and also offers a discount of 30% on the selling price.
a) If Mohammed buys that Samsung mobile phone, Find the profit or loss (in
percentage) made by Extra Electronics.
b) What will happen if the seller doesn’t mark up the price? Discuss in brief
a- The profit/loss is calculated by Cost * 1.4 (Cost*1.4*0.3). As a 30% of 40% is, 12%
the final discount is the 30% of the cost plus the 12% of the mark up. The final
discount is 42% getting a loss of 2%.
b- If the seller doesn´t mark up the price and doesn´t give any discount, he would be in
a break even point with no profit nor loss.

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Q1: Ms. Maryam Al Rawabi had a sum of money and she decided this money to distribute among Abdul, Ibrahim and Maria in the ratio 2:3:5. a) If Maria got 750 OMR, how much amount Abdul and Ibrahim will receive? (02 Marks) b) If Ibrahim gets 150 OMR, how much amount Maria and Abdul will receive? (02 Marks) c) If the ratio is 1:1:1, discuss how much money each will get? (01 Mark) a) Abdul Amount = 2/5 * 750 = 300 Ibrahim Amount = 3/5 * 750 = 450 b) If Ibrahim gets 150 OMR, how much amount Maria and Abdul will receive? (02 Marks) Abdul Amount = 2/3 * 150 = 100 Maria Amount = 5/3 * 150 = 250 c) If the ratio is 1:1:1, each one will get the same amount of money. In the first case each one would receive 500 OMR, and in the second case each one would receive 166.66 OMR 2) Mr. Mohammed is interested to buy the new Samsung mobile phone. Extra Electronics sells Samsung mobile phones which is marked up at 40% on the cost price and also offers a discount of 30% on the selling price. a) If Mohammed buys that Samsung mobile phone, Find the profit or loss (in percentage) made by Extra Electronics. b) What will happen if the seller doesn’t mark up the price? Discuss in brief a- The profit/loss is calculated by Cost * 1.4 – (Cost*1.4*0.3). As a 30% of 40% is, 12% the final discount is the 30% of the cost plus the 12% of the mark up. The final discount is 42% getting a loss of 2%. b- If the seller doesn´t mark up the price and doesn´t give any discount, he would be in a break even p ...
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