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If bad debt means that only $7,000 were receivable against costs of $28,000 what would be the percentage loss? Answer: ________
Correct Answer 75%
Explanation The percentage loss can be calculated by dividing the amount of bad debt ($21,000) by the total costs ($28,000) and multiplying by 100. In this case, the calculation would be (21,000 / 28,000) * 100 = 75%. This means that there is a 75% loss on the receivables due to bad debt.
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2.
How many trucks would be needed to transport one million items, if each truck could carry 100 boxes, each box contains 10 packs and each pack contained 100 items? Answer: ________
Correct Answer 10
Explanation To find the number of trucks needed to transport one million items, we can work backwards. Each truck can carry 100 boxes, and each box contains 10 packs. Since each pack contains 100 items, each box can carry 10 packs * 100 items = 1000 items. Therefore, each truck can carry 1000 items. To transport one million items, we would need 1,000,000 items / 1000 items per truck = 1000 trucks. Therefore, the answer is 10 trucks.
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3.
The government wants 50 per cent of people aged 18 to 30 to go to university, and many of these new students are expected to study for shorter foundation degrees. These last two years and combine study with hands-on experience while in paid relevant work. Already 20,000 people are taking foundation degrees and half the courses available have over 50 students enrolled. Most foundation degrees are by distance learning and are part-time. While foundation degrees are not for the faint-hearted, they may appeal to many students who currently follow conventional university courses and who leave university with debts and then have to compete for a graduate-level job against foundation degree graduates with work-related experience.
True/False: The government wants half of all people aged 18 – 30 to study at university for a foundation degree.
A.
True
B.
False
C.
Cannot Tell
Correct Answer
B. False
Explanation The given answer is False. The explanation is that the government wants 50% of people aged 18 to 30 to go to university, but not specifically for a foundation degree. Many of these new students are expected to study for shorter foundation degrees, but it is not stated that half of all people in that age range should study for a foundation degree.
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4.
The government wants 50 per cent of people aged 18 to 30 to go to university, and many of these new students are expected to study for shorter foundation degrees. These last two years and combine study with hands-on experience while in paid relevant work. Already 20,000 people are taking foundation degrees and half the courses available have over 50 students enrolled. Most foundation degrees are by distance learning and are part-time. While foundation degrees are not for the faint-hearted, they may appeal to many students who currently follow conventional university courses and who leave university with debts and then have to compete for a graduate-level job against foundation degree graduates with work-related experience
True/False: Because foundation degrees are by distance learning and part-time self-discipline and strong motivation are critical if the student is to succeed.
A.
True
B.
False
C.
Cannot tell
Correct Answer
C. Cannot tell
Explanation The given information does not provide any direct evidence or indication about the importance of self-discipline and strong motivation for success in foundation degrees. Therefore, it is not possible to determine whether the statement is true or false based on the given information.
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5.
If a product generate a profit of $36,000 with operating costs of $204,000; what is the profit
expressed as a percentage of total revenue? ANSWER: ________
Correct Answer 15%
Explanation The profit expressed as a percentage of total revenue can be calculated by dividing the profit by the total revenue and multiplying by 100. In this case, the profit is $36,000 and the total revenue can be calculated by adding the profit to the operating costs, which is $204,000. Therefore, the total revenue is $240,000. Dividing the profit of $36,000 by the total revenue of $240,000 and multiplying by 100 gives us 15%, which is the profit expressed as a percentage of total revenue.
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6.
If the income generation is $12,000 and the operating costs are $7,800 what is the percentage profit?
ANSWER:________
Correct Answer 35%
Explanation The percentage profit is calculated by dividing the profit by the income and multiplying by 100. In this case, the profit is calculated by subtracting the operating costs from the income, which gives us $12,000 - $7,800 = $4,200. Dividing $4,200 by $12,000 and multiplying by 100 gives us 35%.
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7.
All but 13 seats were taken on a busy train service made up of 8 carriages each with 72 seats. If 40 people were standing how many passengers were on the service? ANSWER: ________
Correct Answer 603
Explanation Since there are 8 carriages with 72 seats each, the total number of seats on the train is 8 x 72 = 576. If all but 13 seats were taken, then there were 576 - 13 = 563 seats occupied. Additionally, there were 40 people standing. Therefore, the total number of passengers on the train is 563 + 40 = 603.
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8.
Which shape would complete the given sequence?
A.
Option A
B.
Option B
C.
Option C
D.
Option D
Correct Answer
C. Option C
9.
Which one of the given shape will complete the sequence?
A.
Option A
B.
Option B
C.
Option C
D.
Option D
Correct Answer
B. Option B
10.
Which one of the given shape will complete the sequence?
A.
Option A
B.
Option B
C.
Option C
D.
Option D
Correct Answer
C. Option C
11.
Which of the given pattern fits the sequence?
A.
Option A
B.
Option B
C.
Option C
D.
Option D
Correct Answer
D. Option D
12.
Which of the given pattern fits the sequence?
A.
Option A
B.
Option B
C.
Option C
D.
Option D
Correct Answer
A. Option A
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