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business math

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25% profit 2014-01-02
From Finn:
Hello,
The question is all about buy-and-sell business.
Problem:
Pencil - $6 for whole sale price
     $8 if I sell the item How do I get the 25% profit? (you can change the whole sale price and the retail price[if i sell the item])
if I buy the pencil at 24 pieces and sell it at 24 pieces.

Answered by Penny Nom.
Proportional rates 2013-10-10
From Varsha:
A province's Ministry of Social services has found that both the number of people needing social assistance and the province's total expenditures on social assistance are proportional to the rate of unemployment. Last August when the provincial unemployment rate was 8.4 %, the province provided assistance to 89,300 individuals at a total cost of 4107.4 million. The forecast unemployment rate for next August is 7.9%. How many people can the province expect to need social assistance next August? What amount should the province budget for social assistance in August?
Answered by Penny Nom.
 
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