Posted: February 20th, 2015

Business Math Exam

Paper, Order, or Assignment Requirements

 

 

Required ref:
Business Math (7th Edition), Cheryl Cleaves and Margie Hobbs, Prentice Hall © 2005

Alternate
Business Math (7th Edition), Cheryl Cleaves and Margie Hobbs, Prentice Hall © 2005

Alternate
Business Math (7th Edition), Cheryl Cleaves and Margie Hobbs, Prentice Hall © 2005

Question 1	4 points				Save
	Adding the values in a set of numbers and then dividing the sum by the number of members in the set results in the:
	range median mean mode all of the above

 

Question 2	4 points				Save
	What is the range of 32, 32, 37, 39, 40, 44, and 48?
	16 32 40 38.86 none of the above

 

Question 3	4 points				Save
	The mean of 55, 93, 48, 53, 55, 93, 63, 80, 75, and 55 is:
	67 55 45 59 none of the above

 

Question 4	4 points				Save
	What is the median of 32, 32, 37, 39, 40, 44, and 48?
	32 272 38.9 39 none of the above

 

Question 5	4 points				Save
	The median of 105, 100, 79, 86, 101, 94, 98, 87, and 83 is:
	94 26 92.56 96 none of the above

 

Question 6	4 points				Save
	The median value of 27, 14, 5, 11, and 9 is:
	8 11 13 4 none of the above

 

Question 7	4 points				Save
	A discount of 15/20/15 is known as a:
	trade discount series single discount equivalent complement net decimal equivalent none of the above

 

Question 8	4 points				Save
	FOB Shipping Point means:
	the buyer pays the cost of freight the buyer must contract with his own freight hauler the seller pays the cost of freight title to the goods remains with the seller until delivery none of the above

 

Question 9	4 points				Save
	Eastco buys televisions from a manufacturer. The list price of a TV is $460.00 with a trade discount of 30 percent. The net price of a television is:
	$422.00 $322.00 $138.00 $233.00 none of the above

 

Question 10	4 points				Save
	The amount of money a manufacturer deducts from a list price is called a:
	net price dealer price trade discount cash discount none of the above

 

Question 11	4 points				Save
	The list price of a furnace is $2,468.00. The manufacturer offers a discount of 15%. The net price is:
	$209.78 $370.20 $2,097.80 $3,702.00 none of the above

 

Question 12	4 points				Save
	The net decimal equivalent rate of 5/15/20 is:
	0.515 0.40 0.646 0.464 none of the above

 

Question 13	4 points				Save
	Most products follow a product flow that begins with a manufacturer and then goes:
	to a wholesaler, then to a retailer, and finally to the consumer. to a broker, then to a retailer, and finally to the consumer. to a retailer and then to the consumer. directly to the consumer. all of the above

 

Question 14	4 points				Save
	The __________ is usually written as a percent, decimal, or fraction.
	percentage equation rate base none of the above

 

Question 15	4 points				Save
	Central 9th Grade Center sold photographs as a fundraiser. 40% of the 450 students did not buy the photographs. How many students purchased the photographs?
	180 students 170 students 270 students 370 students none of the above

 

Question 16	4 points				Save
	converted to a percent would be __________.
	1/2% 50% 5% 0.5% none of the above

 

Question 17	4 points				Save
	Stormy makes $8.65 per hour after receiving a 5.4% raise. What was her hourly wage before the raise?
	$8.22 $8.20 $8.21 $8.19 none of the above

 

Question 18	4 points				Save
	Mickey Sheen scored 38 out of 40 on his math exam. He made __________.
	38% 95% 90% 85% none of the above

 

Question 19	4 points				Save
	0.007 written as a percent would be __________.
	70% 7% 0.07% 0.7% none of the above

 

Question 20	4 points				Save
	In the equation 1,500(B – 15) = 3,000, B equals:
	97 79 17 81 none of the above

 

Question 21	4 points				Save
	Notebooks cost $15.00 per carton and legal pads cost $7.50 per carton. If an order comes in for a total of 100 cartons for $900.00, what was the exact numbers of cartons of notebooks? (Hint: Let N = cartons of notebooks)
	240 80 20 120 none of the above

 

Question 22	4 points				Save
	In the equation A/9 + 7 = 15, A equals:
	22 24 27 72 none of the above

 

Question 23	4 points				Save
	In the equation 3N + 4N – 2 = 19, N equals
	7 3 none of the above

 

Question 24	4 points				Save
	In the equation K + 6K – 13 = 57, K is equal to:
	57 13 17 10 none of the above

 

Question 25	4 points				Save
	The value of Y in the equation Y – 15 = 60 is:
	900 75 45 4 none of the above