Question 1

$600 in U.S. currency is equal to $660 in Canadian currency.

Accepted Answer

A) True 
 B)False

Question 2

The price of deli cuts was $2.255 per pound at Bill's Market. Bob's Market advertises the same deli cuts for $1.999. How much cheaper is Bob's Market per pound? (Round answer to nearest cent.)

Accepted Answer

The answer of The price of deli cuts was $2.255...

Question 3

Jill traveled to Canada and bought a new lamp for $460. In U.S. dollars (to the nearest cent) this is equivalent to:

Accepted Answer

A) $366.57 
B) $577.25 
C) $517.77 
D) $480.66 
E) None of these 
A) $366.57 
B) $577.25 
C) $517.77 
D) $480.66 
E) None of these

Question 4

The decimal equivalent of 1/7 is .143 to the nearest thousandth.

Accepted Answer

A) True 
 B)False

Question 5

B. Brady signed a new basketball contract for the year for $1,005,000. Assuming a schedule of 13 games, what are his earnings per game?

Accepted Answer

A) $73,707.69 
B) $63,707.69 
C) $79,307.69 
D) $77,307.69 
E) None of these 
A) $73,707.69 
B) $63,707.69 
C) $79,307.69 
D) $77,307.69 
E) None of these

Question 6

.817 converted to a fraction is 817/1,000.

Accepted Answer

A) True 
 B)False

Question 7

Subtract:
8.1432 - 3.17

Accepted Answer

The answer of Subtract:
8.1432 - 3.17...

Question 8

The average pay of employees is $399.44 per week at a local True Value Hardware store. Jay Miller earns $411.11 per week. How much is Jay's pay over the average?

Accepted Answer

A) $16.17 
B) $17.16 
C) $11.76 
D) $11.67 
E) None of these 
A) $16.17 
B) $17.16 
C) $11.76 
D) $11.67 
E) None of these

Question 9

On December 10, 1999, Apple Computers' stock was valued at $615 billion; Microsoft's stock was valued in that quarter at $271 billion. How much more value is Apple's stock at its peak over Microsoft?

Accepted Answer

A) $886 billion 
B) $400 billion 
C) $304 billion 
D) $344 billion 
E) None of these 
A) $886 billion 
B) $400 billion 
C) $304 billion 
D) $344 billion 
E) None of these

Question 10

.04 is 4 tenths.

Accepted Answer

A) True 
 B)False

Question 11

Rearrange and add:
3.5, 10.86, 7.482, 150.0413, 89.1

Accepted Answer

The answer of Rearrange and add:
3.5, 10.86, 7.482, 150.0413, 89.1...

Question 12

.46 rounded to the nearest tenth is .5.

Accepted Answer

A) True 
 B)False

Question 13

If Bill sells 491,010 kites at $2.95 each, what will his total profit be if each kite cost him $1.98?

Accepted Answer

The answer of If Bill sells 491,010 kites at $2.95...

Question 14

Dave Adams bought season tickets for the Boston Celtics. The cost was $1,300.11. The package included 30 home games. What is the average price of the tickets per game? Round to the nearest cent.

Accepted Answer

A) $43.30 
B) $43.34 
C) $44.44 
D) $43.37 
E) None of these 
A) $43.30 
B) $43.34 
C) $44.44 
D) $43.37 
E) None of these

Question 15

Printed pencils cost $.33 1/3 each for an order of 18,000 pencils. On Monday Jim Co. placed an order for 18,000 pencils. What is the exact cost of the pencils for Jim Co.? Be sure to use the fractional equivalent in your calculation.

Accepted Answer

A) $5,940 
B) $5,994 
C) $5,999.40 
D) $6,000 
E) None of these 
A) $5,940 
B) $5,994 
C) $5,999.40 
D) $6,000 
E) None of these

Question 16

Multiply (round solution to nearest hundredth):
8.143 × 13.281

Accepted Answer

The answer of Multiply (round solution to nearest hundredth):
8.143 ×...

Question 17

Mel Doane is taking his office staff out to lunch. He has left on his credit card a spending limit of $99.50. If the total meal includes two fruit cups, two onion soups, two veal, two roast beef, three coffees, and one soft drink, will Mel be able to use the card? (Disregard tip plus tax.) If so, how much more charging will Mel be allowed before hitting his credit limit?

Accepted Answer

The answer of Mel Doane is taking his office staff...

Question 18

Melvin Small typed 485 business letters. The cost of writing these letters was estimated to be $3,455.25. What was the average cost of a letter to the nearest cent?

Accepted Answer

A) $7.13 
B) $7.11 
C) $7.12 
D) $7.14 
E) None of these 
A) $7.13 
B) $7.11 
C) $7.12 
D) $7.14 
E) None of these

Question 19

North Shore Community College reimburses faculty members $.298 cents per mile to go to a workshop. Professor Wales submitted her travel log for a total of 650.11 miles. What reimbursement can Professor Wales expect? (Round to the nearest cent.)

Accepted Answer

A) $193.70 
B) $193.71 
C) $193.72 
D) $193.73 
E) None of these 
A) $193.70 
B) $193.71 
C) $193.72 
D) $193.73 
E) None of these

Question 20

Jim sells college textbooks. To date Jim has sold $141,002 worth of textbooks. His sales quota is $194,159. Tomorrow he expects to sell $15,005 worth of textbooks to B College. His last stop will be Munroe College. What must he sell there to meet his quota?

Accepted Answer

A) $38,152 
B) $38,251 
C) $53,157 
D) $53,175 
E) None of these 
A) $38,152 
B) $38,251 
C) $53,157 
D) $53,175 
E) None of these

Exam 3: Decimals

$600 in U.S. currency is equal to $660 in Canadian currency.

The price of deli cuts was $2.255 per pound at Bill's Market. Bob's Market advertises the same deli cuts for $1.999. How much cheaper is Bob's Market per pound? (Round answer to nearest cent.)

Jill traveled to Canada and bought a new lamp for $460. In U.S. dollars (to the nearest cent) this is equivalent to:

The decimal equivalent of 1/7 is .143 to the nearest thousandth.

B. Brady signed a new basketball contract for the year for $1,005,000. Assuming a schedule of 13 games, what are his earnings per game?

.817 converted to a fraction is 817/1,000.

Subtract: 8.1432 - 3.17

The average pay of employees is $399.44 per week at a local True Value Hardware store. Jay Miller earns $411.11 per week. How much is Jay's pay over the average?

On December 10, 1999, Apple Computers' stock was valued at $615 billion; Microsoft's stock was valued in that quarter at $271 billion. How much more value is Apple's stock at its peak over Microsoft?

.04 is 4 tenths.

Rearrange and add: 3.5, 10.86, 7.482, 150.0413, 89.1

.46 rounded to the nearest tenth is .5.

If Bill sells 491,010 kites at $2.95 each, what will his total profit be if each kite cost him $1.98?

Dave Adams bought season tickets for the Boston Celtics. The cost was $1,300.11. The package included 30 home games. What is the average price of the tickets per game? Round to the nearest cent.

Printed pencils cost $.33 1/3 each for an order of 18,000 pencils. On Monday Jim Co. placed an order for 18,000 pencils. What is the exact cost of the pencils for Jim Co.? Be sure to use the fractional equivalent in your calculation.

Multiply (round solution to nearest hundredth): 8.143 × 13.281

Melvin Small typed 485 business letters. The cost of writing these letters was estimated to be $3,455.25. What was the average cost of a letter to the nearest cent?

North Shore Community College reimburses faculty members $.298 cents per mile to go to a workshop. Professor Wales submitted her travel log for a total of 650.11 miles. What reimbursement can Professor Wales expect? (Round to the nearest cent.)

Jim sells college textbooks. To date Jim has sold $141,002 worth of textbooks. His sales quota is $194,159. Tomorrow he expects to sell $15,005 worth of textbooks to B College. His last stop will be Munroe College. What must he sell there to meet his quota?

Whole Number: How to Dissect and Solve Word Problems

Fractions

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Solving for the Unknown: a How to Approach to Solving Equations

Percents and Their Applications

Discounts: Trade and Cash

Markups and Markdowns: Perishables and Breakeven Analysis

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Compound Interest and Present Value

Annuities and Sinking Funds

Installment Buying

The Cost of Home Ownership

How to Read, Analyze, and Interpret Financial Reports

Appreciation

Inventory and Overhead

Sales Excise and Property Taxes

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