Bus. Math Final Exam

1.

1 point

Kyle paid $22.33293 in sales tax on an item costing $318.99. What percent sales tax did he pay?

1428%

.07%

14.28%

7%

2.

1 point

Tyler bought a laptop priced at $699. He made a down payment of 30%. The dollar amount of the down payment is

$207.90

$209.07

$489.30

$209.70

3.

1 point

Find the mode: 6, 6, 8, 9, 3, 9, 6, 3

9

3

4

6

4.

1 point

An Ipod went on sale from $299.99 to $180.55. What was the percent decrease in price to the nearest hundredth percent?

39.81%

39.8%

39%

39.82%

5.

1 point

Marissa has 8 3/4 slices of pie left from Sunday dinner. Three friends visit and want one slice each. A fourth friend wants 1/2 a slice. How many slices are left?

5 1/4

4 1/4

5 3/8

5 1/8

6.

1 point

Nate purchased a 12 foot board. He needs one 10 3/4 foot board. How many feet must he remove?

1 1/4

1/4

1 3/4

2 1/4

7.

1 point

A store marks its goods up 38% on cost. If a snow blower cost the store $400, what would the selling price be?

$542

$552

$525

$452

8.

1 point

If the original cost of an Apple IPod is $214 and it sells for $299.60, what is the percent mark up?

28.6%

85.6%

40%

28%

9.

1 point

A boat can travel 72 miles on 8 gallons of gas. How many gallons of gas will it need to go 135 miles? (use a proportion)

20

15

30

25

10.

1 point

Jerry's age 10 years ago can be expressed as

A-10

2A+10

A + 10

2A-10

11.

1 point

The process of compounding interest refers to:

awarding a higher interest rate each quarter

calculating interest periodically on the higher balance

looking into present when the future is known

adding interest on an annual basis

12.

1 point

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

15 to 3

15/3

3/15

15:3

13.

1 point

If Gill sells 2500 glow sticks at the fourth of July parade for $1.99 each, what will be here profit if each stick costs her $.88?

$3000

$20,757

$2775

$2757

14.

1 point

Find the median: 16, 9, 10, 5, 4

4

5

9

10

15.

1 point

Russell bought a Volvo which is 3 3/4 times as expensive as his parents' car. If his parents paid $8000 for theirs, what did Russell's car cost?

$29,0000

$26,000

$30,000

$28,000

16.

1 point

Interest is equal to

Principal x time

Principal x rate divided by time

Principal x rate x time

Principal divided by rate x time

17.

1 point

Jackie bought 1 3/4 lbs. beef, 8 1/2 lbs. ham, and 3/4 lb. coleslaw. What was the total weight?

10 lbs.

11 lbs.

12 lbs.

9 1/2 lbs.

18.

1 point

Tom took out a loan to pay for his child's education for $60,000 for 8 years at 6% interest. The total amount Tom has to pay back is: (show the formula)

$28,800

$88,800

$80,800

$88,008

19.

1 point

Craig received 3 A's and one B in his college courses. What is his grade point average if an A=4 points and a B =3 points.

3.0

3.75

3.25

3.8

20.

1 point

Interest on $5255 at 12% for 30 days equals (show the formula)

$52.55

$5.26

$55.25

$5.25

21.

1 point

An insurance agent earned a commission of $1800. Her rate is 30%. What were her total sales? (show the formula)

$600

$300

$6,000

$3,000

22.

1 point

Eleven pounds of steak cost $132. How many pounds of steak can you get with $180? (use a proportion)

26

22

18

15

23.

1 point

Tanisha purchased: 2 sweaters at $24.99 each, a belt for $14.49, pants for $19.79, shoes for $54.49, and 5 pairs of socks at $3.99 a pair. Sales tax is 6 3/4%. What is the total cost of her purchases?

$142.74

$153.94

$152.37

$169.41

24.

1 point

Brittany received the following grades: 65, 80, 70, 100, 75, and 90. The instructor will drop the lowest grade. What is her average?

84

83

81

82

25.

1 point

A flat screen TV with a regular price of $1790 was reduced by $395. Assuming 800 customers purchased the TV, what were the total sales?

$1,116,000

$1160

$116,000

$1,161,000

26.

1 point

Wade typed 485 business letters. The cost was estimated to be $3455.25. What was the average cost of a letter to the nearest cent?

$7.13

$7.12

$7.11

$7.14

27.

1 point

If you are paid twice a month, you are being paid

bi weekly

semimonthly

weekly

monthly

28.

1 point

Gabby's weekly earnings are $2,000. What is the total amount deducted for SS and Medicare? (SS is 6.2% and Medicare is 1.45%)

$29

$153

$124

$1847

29.

1 point

One eleventh of all sales at a restaurant are for cash. If cash sales for the week were $380, what were the total sales?

$41,808

$4180

$4108

$41,800

30.

1 point

Kevin worked 8 hours on Monday, 4 1/4 hours Tuesday, 6 1/8 on Wednesday, 7 1/4 on Thursday, and 8 1/8 on Friday. Calculate the total number of hours worked.

35

33 1/2

33 3/4

32 3/4