19 Questions | Total Attempts: 95

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Are you looking to test your Knowledge about Business Mathematics and Transactions! In business, we have all these transactions and decisions for which we require the application of mathematics. People in the corporate world should have this knowledge, and taking this quiz is a good way to refresh your memory on what you know so far.

• 1.
Viola has saved \$6690. She paid her college tuition of \$2988 for the first semester using her savings. What is Viola's savings account balance?
• A.

\$3,002

• B.

\$3,702

• C.

\$3,007

• D.

\$3,072

• 2.
Multiplying \$71.21 by 10.25 yields a value of:
• A.

\$792.90

• B.

\$729.90

• C.

\$722.90

• D.

\$799.90

• 3.
A weekly payroll register shows that Sarah Barnskey had total wages of \$251.25. She had deductions of \$21.00 for FICA tax, \$32 for federal income tax, and \$20 for medical insurance. Compute Sarah's net pay.
• A.

\$117.08

• B.

\$178.25

• C.

\$170.08

• D.

\$107.08

• 4.
Is 4/4 less than, greater than, or equal to, or not equal to 1?
• A.

Not equal

• B.

Less than

• C.

Greater than

• D.

Equal to

• 5.
The sales tax 5.5 percent. Compute the sales tax on \$325.
• A.

\$10.70

• B.

\$178

• C.

\$17.88

• D.

\$1.78

• 6.
The sales tax is 3 percent. Compute the sales tax on \$690.
• A.

\$2.70

• B.

\$20.70

• C.

\$270

• D.

\$207

• 7.
Find the mode of 0,1,2,2,3,4,4,8,2.
• A.

2.5

• B.

4

• C.

3

• D.

2

• 8.
Determine the average of the 2,5,7,10.
• A.

5

• B.

6

• C.

10

• D.

7

• 9.
Round 4888.262 to the nearest hundredth.
• A.

488

• B.

488.26

• C.

500

• D.

4888.26

• 10.
Multiply 4.2 x 2.2.
• A.

12

• B.

7.24

• C.

20

• D.

9.24

• 11.
Mary found an old piggy bank. 4 twenty dollar bills, 7 ones, and 90 pennies were in the piggy bank. How much currency did Mary have?
• A.

\$89.00

• B.

\$47.00

• C.

\$87.90

• D.

\$80.70

• 12.
Sue received a 30 percent discount on a blouse retailed for \$79.00. What is the sale price of the blouse?
• A.

\$5.30

• B.

\$55.30

• C.

\$59.99

• D.

\$80.70

• 13.
Bob received a 10 percent discount on a shirt retailed for \$49.99, how much was Bob's discount?
• A.

\$20.00

• B.

\$5.00

• C.

\$39.99

• D.

\$44.99

• 14.
Bob received a 10 percent discount on a shirt retailed for \$49.99. What is the sale price of the shirt?
• A.

\$19.99

• B.

\$29.99

• C.

\$39.99

• D.

\$4.99

• 15.
Convert 1/2 to a decimal.
• A.

.5

• B.

.50

• C.

.10

• D.

.20

• 16.
Convert 14/7 to a whole number.
• A.

2

• B.

20

• C.

7

• D.

14

• 17.
Fourth of July decorations were marked down 20 percent. What is the cost of decorations that originally sold for \$100.00?
• A.

\$20.00

• B.

\$8.00

• C.

\$25.00

• D.

\$80.00

• 18.
The total sales of Max's Guitar Store were \$40,000. Twenty percent comes from the sale of guitar supplies. What amount does Max's Guitar Store collect from the guitar supplies?
• A.

\$80

• B.

\$8,000

• C.

\$8,500

• D.

\$800

• 19.
Maggie's Coffee Shop makes \$2000 in sales from Vanilla Mochas from the coffee sales of \$4000. What percent of Vanilla Mochas are of Maggie's Coffee Shop total sales?
• A.

20 percent

• B.

25 percent

• C.

37 percent

• D.

50 percent

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