Word Problems and Applied Math
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A commercial bank's loan portfolio consists of three categories of loans: small business loans, residential mortgages, and commercial real estate loans. Small business loans carry an average annual interest rate of and account for of the portfolio's total value. Residential mortgages carry an average annual interest rate of , and commercial real estate loans carry an average annual interest rate of . If the overall weighted average annual interest rate for the entire portfolio is , what percentage of the portfolio's total value is invested in commercial real estate loans?
A private equity firm allocated its total investment capital between two tech startups, Company X and Company Y. Over the first year, the value of the investment in Company X increased by , while the value of the investment in Company Y increased by . Over the second year, the value of Company X decreased by from its Year 1 value, while the value of Company Y increased by from its Year 1 value. If the total combined value of the two investments at the end of the second year was greater than the original total investment capital allocated, what percent of the original total investment capital was allocated to Company X?
A medical distributor purchased a lot of identical diagnostic kits for a total cost of . The distributor marked up the cost price of each kit by to set its regular retail price. After selling kits at the regular retail price, the distributor sold the remaining kits at a clearance discount of off the regular retail price. What was the distributor's total net profit, in dollars, from the sale of all diagnostic kits?
A freight boat travels downstream along a river from Dock A to Dock B in hours. On the return trip upstream from Dock B to Dock A, engine trouble causes the boat's speed in still water to decrease by for the entire return trip. If the speed of the river current is a constant miles per hour and the upstream return trip takes hours, what is the distance, in miles, between Dock A and Dock B?
A commercial real estate company manages three office buildings: Building A, Building B, and Building C. Building A contains square feet of rentable space leased at an average rate of per square foot per year. Building B contains square feet of rentable space leased at an average rate of per square foot per year. Building C contains square feet of rentable space. If the overall weighted average rental rate for all three buildings combined is per square foot per year, what is the average annual rental rate per square foot, in dollars, for Building C?
A commercial machinery supplier purchased a batch of industrial generators. The supplier marked up the wholesale cost of each generator by to set the original retail price. During an end-of-quarter promotion, the supplier offered a discount off the original retail price. If a customer purchased a generator at the promotional price for , what was the supplier's profit, in dollars, on that sale?
An investor deposited a principal sum of money into an account that earns simple annual interest at a rate of . At the end of years, the total accumulated balance in the account (principal plus interest) was . If the account had instead earned simple annual interest at a rate of over the same -year period, the total accumulated balance would have been . What was the original principal amount deposited, in dollars?
A boutique investment fund allocates its capital among Technology, Healthcare, and Renewable Energy in the ratio , respectively. After receiving an additional million in new capital, the entire new amount is invested in Healthcare, changing the ratio of capital among Technology, Healthcare, and Renewable Energy to . What was the total initial capital, in millions of dollars, invested in the fund?
Three industrial machines, , , and , operating independently at their respective constant rates, can complete a production order of units in hours, hours, and hours, respectively. All three machines start working simultaneously on the order at 8:00 AM. At 10:00 AM, Machine experiences a mechanical failure and stops working permanently. Machine and Machine continue working together until 11:00 AM, at which point Machine 's operating efficiency drops by due to overheating, while Machine continues at its original rate. At what time will the production order of units be fully completed?
An investment fund initially divides its total capital among three portfolios—Real Estate, Stocks, and Bonds—in the ratio . During a financial restructuring, a portion of capital is transferred directly from the Bonds portfolio to the Real Estate portfolio while the capital in Stocks remains unchanged, resulting in a new ratio of Real Estate to Stocks of . Subsequently, an additional in external capital is deposited into the Bonds portfolio, making the ratio of Stocks to Bonds . What was the total initial capital in the fund across all three portfolios?
Printer Alpha can fabricate a set of architectural prototypes in hours operating alone at a constant rate. Printer Beta can fabricate the exact same set of prototypes in hours operating alone at a constant rate. If both printers operate simultaneously at their respective constant rates, how many hours will it take them to fabricate one set of architectural prototypes?
Data Pipeline A can process a standard batch of records in hours, while Data Pipeline B can process the same batch of records in hours. Data Pipeline A begins processing a batch alone and operates for hours before Data Pipeline B is brought online to assist. Both pipelines then continue processing together at their respective constant rates until the batch is completely processed. What is the total time, in hours, required to process the entire batch of records from start to finish?
At a software company, the ratio of senior developers to junior developers was initially . During a quarterly hiring push, senior developers and junior developers were hired, but junior developers resigned shortly thereafter. As a result, the ratio of senior developers to junior developers became . If a certain number of senior developers were subsequently promoted out of the developer pool such that the ratio of senior developers to junior developers became , what is the value of ?
Scanner X can scan a batch of archival documents in hours operating alone at a constant rate. Scanner Y can scan the exact same batch of documents in hours operating alone at a constant rate. Working together simultaneously at their respective constant rates, how many hours will it take Scanner X and Scanner Y to scan the entire batch of documents?
Three automated data-processing pipelines, , , and , process incoming dataset files at constant individual rates. Pipeline operating alone can complete a standard processing job in hours, while Pipeline operating alone can complete the same job in hours.
The processing begins with Pipelines and working together at their standard rates for hours. At that point, Pipeline encounters a network slowdown that reduces its processing rate by for the remainder of the job. Pipelines and continue working at these modified rates for another hours, after which Pipeline is brought online to assist them. If Pipeline operating alone at its constant rate could finish the entire job in hours, how many total hours from the start of the processing will it take for the job to be completed?
Pumps X, Y, and Z, operating simultaneously at their respective constant rates, can fill an empty reservoir in hours. Operating alone at its constant rate, Pump X can fill of the reservoir in hours. The rate at which Pump Y fills the reservoir is greater than the rate at which Pump Z fills the reservoir. If Pump X and Pump Z work together for hours, and then Pump Y is turned on so that all three pumps work together until the reservoir is full, how many additional hours will it take to finish filling the remainder of the reservoir?
A beverage recipe requires mixing orange juice and cranberry juice in a ratio of . If a caterer uses liters of orange juice, how many liters of cranberry juice must be added to maintain this ratio?
A corporate marketing team initially allocates its quarterly budget among Digital, Print, and Event advertising in the ratio , respectively. Midway through the quarter, is reallocated from Digital advertising to Event advertising, while the Print advertising budget remains unchanged. As a result of this transfer, the ratio of the Digital advertising budget to the Event advertising budget becomes . What was the total initial quarterly budget, in dollars, allocated across all three advertising categories?
At a bio-tech research facility, the ratio of male to female scientists is initially . After female scientists leave and male scientists join the facility, the ratio of male to female scientists becomes . If a group of additional female scientists subsequently joins the facility, changing the ratio of male to female scientists to , what is the value of ?
A commercial bakery has two industrial ovens, Oven A and Oven B. Working alone at its constant rate, Oven A can bake a full order of pastries in hours. Working alone at its constant rate, Oven B can bake the same order in hours. If Oven A begins baking the order alone and is joined by Oven B after hours, how many total hours will it take from the time Oven A starts until the full order of pastries is baked?