Bus. Math FE Review #2

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1 point

Ace marks its goods up by 38% on cost. If a snow blower costs Ace $400, the selling price would be:

$542

$452

$552

$525

1 point

Interest is equal to:

principal x rate divided by time

principal divided by rate x time

Principal X rate x time

principal x time

1 point

One eleventh of all sales at the Hungry Bear are cash. If cash sales for the week were $380, what were the TOTAL sales?

$4180

$4108

$41,800

$41,808

1 point

Tyler bought a laptop for $699. He made a down payment of 30 percent. The amount of the down payment is:

$207.90

$489.30

$209.70

$209.07

1 point

Harry earned a commission of $1800. His commission rate is 30%. Harry's total sales were: (show formula)

$6000

$600

$3000

$300

1 point

The price of an Ipod dropped form $299.99 to $180.55. What was the percent decrease in price? Round to nearest hundredth percent.

39%

39.80%

39.81%

39.82%

1 point

An Ipod costs $214 and sells for $299.60. What is the percent mark up?

40%

28%

85.6%

28.6%

1 point

If there are 15 dogs on a farm and 3 cats, the ratio of dogs to cats can be expressed in all of the following ways EXCEPT:

15:3

15 to 3

15/3

3/15

1 point

Gabby's weekly earnings are $2000. What is the total amount deducted for SS and Medicare? (SS is 6.2% and m.care is 1.45%)

$1847

$29

$124

$153

10.

1 point

If an employee is paid twice a month, the person is being paid:

semimonthly

bi-weekly

monthly

weekly

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