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Business
Study Set
Practical Business Math Procedures
Exam 1: Whole Number: How to Dissect and Solve Word Problems
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Question 21
Multiple Choice
True Value Hardware buys 200 snow blowers for $90 each to stock the store for the winter. If True Value sells the 200 snow blowers at $120 each, what is the profit? (sales - cost)
Question 22
Essay
Estimate by rounding all the way (do not round final answer):
Question 23
True/False
Rounding approximates actual answers.
Question 24
Multiple Choice
Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $29.99. What is his profit?
Question 25
Essay
Divide by long division:
Question 26
True/False
Divisor plus quotient + remainder = dividend.
Question 27
Essay
Estimate by rounding all the way (do not round final answer):
Question 28
Multiple Choice
Round all-the-way 2,689:
Question 29
Short Answer
Fill in the missing number: