Question 1

A man buys a piece of land at auction which is 256 feet by 10 yards. How many acres did he buy? There are 43,560 feet in an acre.

Accepted Answer

A) .059 acres 
B) .59 acres 
C) 1.76 acres 
D) .0176 acres 
E) .176 acres 
A) .059 acres 
B) .59 acres 
C) 1.76 acres 
D) .0176 acres 
E) .176 acres E

Question 2

1% is equal to 100 basis point. 44.5 percent is how many basis points greater than 34.5 percent?

Accepted Answer

A) .1 
B) 10 
C) 100 
D) 1,000 
E) 10,000 
A) .1 
B) 10 
C) 100 
D) 1,000 
E) 10,000 D

Question 3

Andrew invested $960 in a new mutual fund. The shares in this fund were purchased at $6.00 each. How many shares did he buy?

Accepted Answer

A) 120 shares 
B) 140 shares 
C) 150 shares 
D) 160 shares 
E) 172 shares 
A) 120 shares 
B) 140 shares 
C) 150 shares 
D) 160 shares 
E) 172 shares D

Question 4

Greg's Golf Shop hires teenagers to collect lost golf balls from the city's golf courses. The golf balls are then packaged in boxes of a dozen for reselling. This summer, the workers collected 2,244 golf balls. After repackaging, how many golf balls will be left over?

Accepted Answer

A) 2 golf balls 
B) 3 golf balls 
C) 4 golf balls 
D) 6 golf balls 
E) No golf balls will be left over 
A) 2 golf balls 
B) 3 golf balls 
C) 4 golf balls 
D) 6 golf balls 
E) No golf balls will be left over

Question 5

The wholesale price of a fountain pen is $2.80. What will the new price be if a 5% increase is instituted?

Accepted Answer

A) $2.84 
B) $2.90 
C) $2.94 
D) $2.96 
E) $2.97 
A) $2.84 
B) $2.90 
C) $2.94 
D) $2.96 
E) $2.97

Question 6

Lance's bike team has 11 riders. They will each bike 83 miles in the race. How many miles will they bike?

Accepted Answer

A) 913 
B) 917 
C) 922 
D) 931 
E) 934 
A) 913 
B) 917 
C) 922 
D) 931 
E) 934

Question 7

What is 3/8s?

Accepted Answer

A) .36 
B) .38 
C) .375 
D) .3833 
E) .365 
A) .36 
B) .38 
C) .375 
D) .3833 
E) .365

Question 8

In July 2009, unemployment in Michigan reached 15%. The number of workers was 4,900,000. Approximately how many were unemployed?

Accepted Answer

A) 735,000 
B) 745,000 
C) 710,000 
D) 718,000 
E) 751,000 
A) 735,000 
B) 745,000 
C) 710,000 
D) 718,000 
E) 751,000

Question 9

Brian is opening a small sporting goods store. After considering her market, she sets her initial sales goal at $32,000 a month. He knows that the rent for his store should be about 8% of sales. Approximately what should he plan to pay for rent, based on the sales figure given?

Accepted Answer

A) $2,400 
B) $2,560 
C) $3,200 
D) $3,260 
E) $3,305 
A) $2,400 
B) $2,560 
C) $3,200 
D) $3,260 
E) $3,305

Question 10

Sawyer's Pet Store has averaged a net profit of $2,500 for the past 11 weeks. What is the total net profit over this length of time?

Accepted Answer

A) $26,000 
B) $27,500 
C) $27,900 
D) $28,000 
E) $29,300 
A) $26,000 
B) $27,500 
C) $27,900 
D) $28,000 
E) $29,300

Question 11

Betty invested $10,000 at the beginning of the year. At the end of the year, her investment was worth $12,000. Ronnie also invested in the same fund. At the beginning of the year, he invested $15,000. How much will his investment be worth at the end of the year?

Accepted Answer

A) $18,000 
B) $20,000 
C) $21,000 
D) $19,500 
E) $16,200 
A) $18,000 
B) $20,000 
C) $21,000 
D) $19,500 
E) $16,200

Question 12

A video store is offering a 7% discount on previously viewed videos. If the regular price of a video is $9.99, how much will the discount be?

Accepted Answer

A) 63 cents 
B) 70 cents 
C) 74 cents 
D) 77 cents 
E) 80 cents 
A) 63 cents 
B) 70 cents 
C) 74 cents 
D) 77 cents 
E) 80 cents

Question 13

The population of the town of Homeville increased by approximately 0.5% last year. If the population at the beginning of the year was 2,460, what was the approximate population by the end of the year?

Accepted Answer

A) 2,472 
B) 2,960 
C) 2,465 
D) 2,510 
A) 2,472 
B) 2,960 
C) 2,465 
D) 2,510

Question 14

How long will it take for Ron's $37,353 investment to double if he expects 9% returns?

Accepted Answer

A) 5 years 
B) 8 years 
C) 9 years 
D) 9)5 years 
E) 10 years 
A) 5 years 
B) 8 years 
C) 9 years 
D) 9)5 years 
E) 10 years

Question 15

What is the ratio of 8 feet to 28 inches?

Accepted Answer

A) 2:7 
B) 7:24 
C) 24:7 
D) 7:2 
E) 5:3 
A) 2:7 
B) 7:24 
C) 24:7 
D) 7:2 
E) 5:3

Question 16

What is the maximum number of 2 ½ foot pieces of wire that can be cut from a wire that is 48 feet long?

Accepted Answer

A) 11 
B) 18 
C) 19 
D) 21 
E) 23 
A) 11 
B) 18 
C) 19 
D) 21 
E) 23

Question 17

Shane's Softball Production Company can produce 12 softballs in an hour. How many softballs can they produce in 14 hours?

Accepted Answer

A) 154 
B) 160 
C) 168 
D) 172 
E) 188 
A) 154 
B) 160 
C) 168 
D) 172 
E) 188

Question 18

Olivia has $5,000 to invest. She invests in a fund at 4% interest. How long will it take for her money to double?

Accepted Answer

A) 10 years 
B) 12 years 
C) 15 years 
D) 18 years 
E) 20 years 
A) 10 years 
B) 12 years 
C) 15 years 
D) 18 years 
E) 20 years

Question 19

Roger buys a 35 x 35 foot lot to source rocks for his pet rock project. How many square feet did he buy?

Accepted Answer

A) 1,325 
B) 1,225 
C) 1,275 
D) 905 
E) 1,185 
A) 1,325 
B) 1,225 
C) 1,275 
D) 905 
E) 1,185

Question 20

Seven/Twelve has $4 million in sales over the past week. What were the approximate sales per day?

Accepted Answer

A) $589,000 
B) $571,000 
C) $518,200 
D) $552,000 
E) $578,750 
A) $589,000 
B) $571,000 
C) $518,200 
D) $552,000 
E) $578,750

A man buys a piece of land at auction which is 256 feet by 10 yards. How many acres did he buy? There are 43,560 feet in an acre.

1% is equal to 100 basis point. 44.5 percent is how many basis points greater than 34.5 percent?

Andrew invested $960 in a new mutual fund. The shares in this fund were purchased at $6.00 each. How many shares did he buy?

Greg's Golf Shop hires teenagers to collect lost golf balls from the city's golf courses. The golf balls are then packaged in boxes of a dozen for reselling. This summer, the workers collected 2,244 golf balls. After repackaging, how many golf balls will be left over?

The wholesale price of a fountain pen is $2.80. What will the new price be if a 5% increase is instituted?

Lance's bike team has 11 riders. They will each bike 83 miles in the race. How many miles will they bike?

What is 3/8s?

In July 2009, unemployment in Michigan reached 15%. The number of workers was 4,900,000. Approximately how many were unemployed?

Brian is opening a small sporting goods store. After considering her market, she sets her initial sales goal at $32,000 a month. He knows that the rent for his store should be about 8% of sales. Approximately what should he plan to pay for rent, based on the sales figure given?

Sawyer's Pet Store has averaged a net profit of $2,500 for the past 11 weeks. What is the total net profit over this length of time?

Betty invested $10,000 at the beginning of the year. At the end of the year, her investment was worth $12,000. Ronnie also invested in the same fund. At the beginning of the year, he invested $15,000. How much will his investment be worth at the end of the year?

A video store is offering a 7% discount on previously viewed videos. If the regular price of a video is $9.99, how much will the discount be?

The population of the town of Homeville increased by approximately 0.5% last year. If the population at the beginning of the year was 2,460, what was the approximate population by the end of the year?

How long will it take for Ron's $37,353 investment to double if he expects 9% returns?

What is the ratio of 8 feet to 28 inches?

What is the maximum number of 2 ½ foot pieces of wire that can be cut from a wire that is 48 feet long?

Shane's Softball Production Company can produce 12 softballs in an hour. How many softballs can they produce in 14 hours?

Olivia has $5,000 to invest. She invests in a fund at 4% interest. How long will it take for her money to double?

Roger buys a 35 x 35 foot lot to source rocks for his pet rock project. How many square feet did he buy?

Seven/Twelve has $4 million in sales over the past week. What were the approximate sales per day?

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Exam 5: Fast Math

A man buys a piece of land at auction which is 256 feet by 10 yards. How many acres did he buy? There are 43,560 feet in an acre.

1% is equal to 100 basis point. 44.5 percent is how many basis points greater than 34.5 percent?

Andrew invested $960 in a new mutual fund. The shares in this fund were purchased at $6.00 each. How many shares did he buy?

Greg's Golf Shop hires teenagers to collect lost golf balls from the city's golf courses. The golf balls are then packaged in boxes of a dozen for reselling. This summer, the workers collected 2,244 golf balls. After repackaging, how many golf balls will be left over?

The wholesale price of a fountain pen is $2.80. What will the new price be if a 5% increase is instituted?

Lance's bike team has 11 riders. They will each bike 83 miles in the race. How many miles will they bike?

What is 3/8s?

In July 2009, unemployment in Michigan reached 15%. The number of workers was 4,900,000. Approximately how many were unemployed?

Brian is opening a small sporting goods store. After considering her market, she sets her initial sales goal at $32,000 a month. He knows that the rent for his store should be about 8% of sales. Approximately what should he plan to pay for rent, based on the sales figure given?

Sawyer's Pet Store has averaged a net profit of $2,500 for the past 11 weeks. What is the total net profit over this length of time?

Betty invested $10,000 at the beginning of the year. At the end of the year, her investment was worth $12,000. Ronnie also invested in the same fund. At the beginning of the year, he invested $15,000. How much will his investment be worth at the end of the year?

A video store is offering a 7% discount on previously viewed videos. If the regular price of a video is $9.99, how much will the discount be?

The population of the town of Homeville increased by approximately 0.5% last year. If the population at the beginning of the year was 2,460, what was the approximate population by the end of the year?

How long will it take for Ron's $37,353 investment to double if he expects 9% returns?

What is the ratio of 8 feet to 28 inches?

What is the maximum number of 2 ½ foot pieces of wire that can be cut from a wire that is 48 feet long?

Shane's Softball Production Company can produce 12 softballs in an hour. How many softballs can they produce in 14 hours?

Olivia has $5,000 to invest. She invests in a fund at 4% interest. How long will it take for her money to double?

Roger buys a 35 x 35 foot lot to source rocks for his pet rock project. How many square feet did he buy?

Seven/Twelve has $4 million in sales over the past week. What were the approximate sales per day?

Accounting

Bonus

Economics

Facts to Know in Economics

Management

Strategy

Filters