Sample Questions

Ratios Sample Question:

Averages Sample Question:

Practice Questions

1. At the end of the 2012 financial year, a group of friends had to pay the following income tax. What was the average tax payable for the group?
   John     \$12,500
   Peter    \$14,760
   Lucy     \$13,870
   Karen   \$  9,780
   Aaron   \$17,980
2. A company wants to know its average net profit in the last three years and has the following information:
   2012 - \$67,300
   2011 - \$54,879
   2010 - \$48,214
3. There are 55 males and 11 females in a lecture room. What is the ratio of males to females?
4. After a final exam, 35 students received a credit and 15 passed. What is the ratio of students receiving a credit to students receiving a pass?
5. A company has current liabilities of \$45,976 and current assets of \$78,900. What is the company's current ratio?

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