Question 1

3/5 of workers at a company have enrolled in the 403(b) program. If 24 workers have enrolled in the program, how many workers are employed at this company?

Accepted Answer

A) 36 workers 
B) 40 workers 
C) 42 workers 
D) 44 workers 
E) 45 workers 
A) 36 workers 
B) 40 workers 
C) 42 workers 
D) 44 workers 
E) 45 workers

Question 2

In initial production of a new video game, it is discovered that the ratio of functional games to defective games is 20 to 1. If 360 games are produced, how many could be expected to be defective?

Accepted Answer

A) 12 games 
B) 15 games 
C) 16 games 
D) 18 games 
E) 20 games 
A) 12 games 
B) 15 games 
C) 16 games 
D) 18 games 
E) 20 games

Question 3

Dottie's Chocolates produces boxes of 25 chocolate drops for selling. How many chocolate drops would Dottie need to make to fill 60 boxes?

Accepted Answer

A) 1,575 
B) 1,225 
C) 1,400 
D) 1,500 
E) 1,525 
A) 1,575 
B) 1,225 
C) 1,400 
D) 1,500 
E) 1,525

Question 4

Last year, Smith's Auto Shop made gross revenue of $460,000. This year, their gross revenue increased significantly - by an amazing 25%. What was the gross revenue this year?

Accepted Answer

A) $525,000 
B) $550,000 
C) $560,000 
D) $575,000 
E) $585,000 
A) $525,000 
B) $550,000 
C) $560,000 
D) $575,000 
E) $585,000

Question 5

An 8-year-old boy named Albert has a 10-year-old brother named Benny. Albert joins the service at 20 leaving Benny feeling bitter that he no longer has a brother to look up to. After 7 years, Benny is finally ready to make up with Albert who has been out of the service for 5 years. How old is John now?

Accepted Answer

A) 27 
B) 15 
C) 25 
D) 32 
E) 23 
A) 27 
B) 15 
C) 25 
D) 32 
E) 23

Question 6

If the speed of a car is 200 km per hour, how may minutes does it take to travel 60 km?

Accepted Answer

A) 3 1/3 hours 
B) 20 minutes 
C) 18 minutes 
D) 22 minutes 
E) 24 minutes 
A) 3 1/3 hours 
B) 20 minutes 
C) 18 minutes 
D) 22 minutes 
E) 24 minutes

Question 7

When formulating answers to market-sizing questions, what's one of the best strategies to keep in mind?

Accepted Answer

A) Be sure to use exact numbers at all times. 
B) Go slow and be as methodical as possible. 
C) Estimate and round numbers whenever possible. 
D) Pick odd numbers that aren't related to each other in any way. 
A) Be sure to use exact numbers at all times. 
B) Go slow and be as methodical as possible. 
C) Estimate and round numbers whenever possible. 
D) Pick odd numbers that aren't related to each other in any way.

Question 8

What is 1/11?

Accepted Answer

A) .095 
B) .0909 
C) .0888 
D) .9414 
E) .142857 
A) .095 
B) .0909 
C) .0888 
D) .9414 
E) .142857

Question 9

A car that regularly sells for $29,600 has been marked down to $22,100. What is the approximate percentage of the discount?

Accepted Answer

A) 20% 
B) 22% 
C) 25% 
D) 30% 
E) 33% 
A) 20% 
B) 22% 
C) 25% 
D) 30% 
E) 33%

Question 10

A small firm allocates 28% of its gross profits into an account for insurance. Last year, the firm's gross profit was $400,000. What amount was deposited into the insurance account?

Accepted Answer

A) $100,000 
B) $108,000 
C) $109,500 
D) $112,000 
E) $128,000 
A) $100,000 
B) $108,000 
C) $109,500 
D) $112,000 
E) $128,000

Question 11

Kenneth receives a 6% commission on all of his real estate sales. Half of his commission goes to his broker. What is Kenneth's part of the commission on $250,000 in sales?

Accepted Answer

A) $6,666 
B) $7,000 
C) $7,100 
D) $7,250 
E) $7,500 
A) $6,666 
B) $7,000 
C) $7,100 
D) $7,250 
E) $7,500

Question 12

Every five minutes a baby is born in the Nigindia. How many babies are born in a year?

Accepted Answer

A) 150,120 
B) 105,120 
C) 100,510 
D) 300,450 
E) 103,555 
A) 150,120 
B) 105,120 
C) 100,510 
D) 300,450 
E) 103,555

Question 13

Company A and Company B are awarded a $42,000 project that is to be divided between the companies in the ratio of 4:3. How much money should each company receive?

Accepted Answer

A) Company A gets $24,000 and Company B gets $18,000. 
B) Company A gets $23,000 and Company B gets $19,000. 
C) Company A gets $28,000 and Company B gets $14,000. 
D) Company A gets $30,000 and Company B gets $12,000. 
A) Company A gets $24,000 and Company B gets $18,000. 
B) Company A gets $23,000 and Company B gets $19,000. 
C) Company A gets $28,000 and Company B gets $14,000. 
D) Company A gets $30,000 and Company B gets $12,000.

Question 14

A business has decided to resurface a floor section in their warehouse. The section is a square that measures 15 feet on one side. How much is the area that needs to be resurfaced?

Accepted Answer

A) 30 square feet 
B) 60 square feet 
C) 215 square feet 
D) 225 square feet 
E) 250 square feet 
A) 30 square feet 
B) 60 square feet 
C) 215 square feet 
D) 225 square feet 
E) 250 square feet

Question 15

It is sunny on 83% of the 120 days Silver Slides Waterpark is open on average. How many days will Silver Slides be open this summer?

Accepted Answer

A) 100 
B) 102 
C) 98 
D) 99 
E) 92 
A) 100 
B) 102 
C) 98 
D) 99 
E) 92

Question 16

Kathleen projects her expenditures for purchasing office supplies to be $85/week. How much will she spend on office supplies over a 4-week time span?

Accepted Answer

A) $290 
B) $325 
C) $340 
D) $355 
E) $342 
A) $290 
B) $325 
C) $340 
D) $355 
E) $342

Question 17

94% of Jim's income last year came from his salary. The rest came from awards his prize winning poodle won in dog shows. If he won $9,600 in dog shows, what was his total income?

Accepted Answer

A) $145,000 
B) $160,000 
C) $170,000 
D) $120,000 
E) $118,600 
A) $145,000 
B) $160,000 
C) $170,000 
D) $120,000 
E) $118,600

Question 18

A department store sells sweaters for $90. During a promotion, the sweaters are marked down 15%. What is the sale price of the sweaters?

Accepted Answer

A) $75.00 
B) $76.50 
C) $77.67 
D) $78.14 
E) $76.02 
A) $75.00 
B) $76.50 
C) $77.67 
D) $78.14 
E) $76.02

Question 19

Alex runs a lemonade stand in the summertime. He averages $75 per week. How much will he make over the 12 weeks of his summer vacation?

Accepted Answer

A) $800 
B) $844 
C) $900 
D) $924 
E) $975 
A) $800 
B) $844 
C) $900 
D) $924 
E) $975

Question 20

What is 5/6?

Accepted Answer

A) .8 
B) .8444 
C) .8333 
D) .825 
E) .875 
A) .8 
B) .8444 
C) .8333 
D) .825 
E) .875

3/5 of workers at a company have enrolled in the 403(b) program. If 24 workers have enrolled in the program, how many workers are employed at this company?

In initial production of a new video game, it is discovered that the ratio of functional games to defective games is 20 to 1. If 360 games are produced, how many could be expected to be defective?

Dottie's Chocolates produces boxes of 25 chocolate drops for selling. How many chocolate drops would Dottie need to make to fill 60 boxes?

Last year, Smith's Auto Shop made gross revenue of $460,000. This year, their gross revenue increased significantly - by an amazing 25%. What was the gross revenue this year?

If the speed of a car is 200 km per hour, how may minutes does it take to travel 60 km?

When formulating answers to market-sizing questions, what's one of the best strategies to keep in mind?

What is 1/11?

A car that regularly sells for $29,600 has been marked down to $22,100. What is the approximate percentage of the discount?

A small firm allocates 28% of its gross profits into an account for insurance. Last year, the firm's gross profit was $400,000. What amount was deposited into the insurance account?

Kenneth receives a 6% commission on all of his real estate sales. Half of his commission goes to his broker. What is Kenneth's part of the commission on $250,000 in sales?

Every five minutes a baby is born in the Nigindia. How many babies are born in a year?

Company A and Company B are awarded a $42,000 project that is to be divided between the companies in the ratio of 4:3. How much money should each company receive?

A business has decided to resurface a floor section in their warehouse. The section is a square that measures 15 feet on one side. How much is the area that needs to be resurfaced?

It is sunny on 83% of the 120 days Silver Slides Waterpark is open on average. How many days will Silver Slides be open this summer?

Kathleen projects her expenditures for purchasing office supplies to be $85/week. How much will she spend on office supplies over a 4-week time span?

94% of Jim's income last year came from his salary. The rest came from awards his prize winning poodle won in dog shows. If he won $9,600 in dog shows, what was his total income?

A department store sells sweaters for $90. During a promotion, the sweaters are marked down 15%. What is the sale price of the sweaters?

Alex runs a lemonade stand in the summertime. He averages $75 per week. How much will he make over the 12 weeks of his summer vacation?

What is 5/6?

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Exam 5: Fast Math

3/5 of workers at a company have enrolled in the 403(b) program. If 24 workers have enrolled in the program, how many workers are employed at this company?

In initial production of a new video game, it is discovered that the ratio of functional games to defective games is 20 to 1. If 360 games are produced, how many could be expected to be defective?

Dottie's Chocolates produces boxes of 25 chocolate drops for selling. How many chocolate drops would Dottie need to make to fill 60 boxes?

Last year, Smith's Auto Shop made gross revenue of $460,000. This year, their gross revenue increased significantly - by an amazing 25%. What was the gross revenue this year?

If the speed of a car is 200 km per hour, how may minutes does it take to travel 60 km?

When formulating answers to market-sizing questions, what's one of the best strategies to keep in mind?

What is 1/11?

A car that regularly sells for $29,600 has been marked down to $22,100. What is the approximate percentage of the discount?

A small firm allocates 28% of its gross profits into an account for insurance. Last year, the firm's gross profit was $400,000. What amount was deposited into the insurance account?

Kenneth receives a 6% commission on all of his real estate sales. Half of his commission goes to his broker. What is Kenneth's part of the commission on $250,000 in sales?

Every five minutes a baby is born in the Nigindia. How many babies are born in a year?

Company A and Company B are awarded a $42,000 project that is to be divided between the companies in the ratio of 4:3. How much money should each company receive?

A business has decided to resurface a floor section in their warehouse. The section is a square that measures 15 feet on one side. How much is the area that needs to be resurfaced?

It is sunny on 83% of the 120 days Silver Slides Waterpark is open on average. How many days will Silver Slides be open this summer?

Kathleen projects her expenditures for purchasing office supplies to be $85/week. How much will she spend on office supplies over a 4-week time span?

94% of Jim's income last year came from his salary. The rest came from awards his prize winning poodle won in dog shows. If he won $9,600 in dog shows, what was his total income?

A department store sells sweaters for $90. During a promotion, the sweaters are marked down 15%. What is the sale price of the sweaters?

Alex runs a lemonade stand in the summertime. He averages $75 per week. How much will he make over the 12 weeks of his summer vacation?

What is 5/6?

Accounting

Bonus

Economics

Facts to Know in Economics

Management

Strategy

Filters