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1. Youre planning to buy a new computer, monitor, and printer
Resolved Question:
1. You’re planning to buy a new computer, monitor, and printer for your office. You’ve received the following prices from two stores:
Store 1 ; Store 2
Computer $2,500 $2,350
Monitor 595 ; 435
Printer 398 ; 349
Find the total package price from each store and then calculate how much you’ll save if you purchase the less expensive package.
A. $359 C. $398
B. $372 D. $412
2. If you work 37.5 hours per week at $7.65 per hour, how much is your gross pay for a twoweek
Period? (Round off your answer to the nearest cent.)
A. $239.26 C. $478.51
B. $286.88 D. $573.75
3. It cost your office $620 to mail 500 flyers. How much did it cost to mail each flyer?
A. $.81 C. $1.20
B. $.84 D. $1.24
4. A decorator has estimated the following costs for remodeling a large conference room in your office area: carpeting, $2,620; conference table, $750; chairs, $630; paint, $50; two lamps, $95 each; and labor, $425. What is the total cost of the remodeling job?
A. $3,555 C. $4,570
B. $4,370 D. $4,665
5. Convert 628 kilometers to miles. (Round off your answer to two decimal places.)
A. 390.23 C. 1,010.64
B. 390.24 D. 1,010.65
6. Last week you worked the following hours:
Monday 5 1/2
Wednesday 6 3/4
Friday 4 1/2
How many hours did you work in all last week?
A. 16 3/4 C. 17 3/4
B. 17 1/2 D. 18 1/2
7. A new clerk in your office is to earn $200 per week. If she works 30.5 hours each week, what is her hourly rate? (Round off your answer to the nearest hundredth, that is, to the nearest cent.)
A. $6.10 C. $6.55
B. $6.11 D. $6.56
8. The last time you ordered paper you paid $5.00 per ream. The current price is $4.70 per ream. What is the percent of decrease in price?
A. 6% C. 28%
B. 7% D. 30
9. Your yearly office supply budget is $1,200. You spend $350 each year on paper. What percent of your budget do you spend on paper? (Round off your answer to two places.)
A. 29% C. 41%
B. 30% D. 42%
10. A quote you received from a local restaurant is $625 for a business luncheon. The restaurant owner tells you the price with gratuity is $720. How much did the owner add for gratuity?
A. $75 C. $95
B. $85 D. $105
11. Sales for the first four months of the year were as follows:
January $5,282
February 4,698
March 3,029
April 6,390
Find the average monthly sales. (Round off your answer to the nearest dollar.)
A. $4,849 C. $6,466
B. $4,850 D. $6,467
12. At the beginning of the week, a particular stock sold for 29 3/8 per share. At the end of the same week it sold for 312/8. What was the amount of increase per share.
A. 17/8 C. 2 3/8
B. 2 1/8 D. 2 5/8
13. An invoice quotes a price of $620 subject to discounts of 30%, 15%, and 5%. What is the selling price? (Round off your answer to the nearest cent.)
A. $310.00 C. $368.90
B. $350.46 D. $434.00
14. The price of a ticket for your office Christmas party is $17.75. So far you’ve sold 28 tickets. How much money should you have?
A. $330 C. $495
B. $427 D. $497
15. One of your delivery trucks traveled 1,200 miles on 55 gallons of gas. How many miles per gallon did the truck get? (Round off your answer to the nearest hundredth.)
A. 21.81 C. 45.83
B. 21.82 D. 45.84
16. Last year the company you work for did $232,000 in business. This year you anticipate an increase of 7%. How much business do you expect to do this year?
A. $215,760 C. $246,140
B. $217,860 D. $248,240
17. Perform the following division: 3 3/4 +?2/8
A. 2 1/2 C. 12
B. 8 3/4 D. 15
18. You’ve received an invoice for $3,000 with terms of 3/10, 1/20, n/30. How much will you have to pay if you pay the bill in 12 days?
A. $2,910 C. $3,000
B. $2,970 D. $3,030
19. You’ve begun to jog for one hour a day three times a week. If you jog 5.5 miles per hour, how far will you jog each week?
A. 5.5 miles C. 16.5 miles
B. 12.5 miles D. 38.5 miles
20. Which one of the following fractions is equivalent to 1/2?
A. 1/4 C. 1/8
B. 2/4 D. 2/8
21. What is the interest on $800 at 6% for 4 years?
A. $19.20 C. $48.00
B. $182.00 D. $192.00
22. Patrick works a 40 hour week at $5.70 an hour with time and a half for overtime. Last week he worked 45 hours. What were his total earnings for the week?
A. $384.75 C. $256.50
B. $270.75 D. $260.75
23. Megan had a gross pay last week of $980.00. If her total deductions were $161.35, what was her net pay?
A. $818.65 C. $718.65
B. $828.65 D. $728.65
24. How much simple interest would Kaitlyn earn on $300 at 6% for 6 months?
A. $18 C. $9
B. $54 D. $27
25. Carole earns $2.50 for each gadget she completes. What was her gross pay if she completed 145 gadgets last week?
A. $362.50 C. $326.50
B. $352.50 D. $360.50
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Jane T (LLC), Former straight A Student  Now Mom
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Degrees in Eng., econ; JD (law), MBA, former valedictorian & winner of academic scholarship
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