The Ultimate Business Math Test Quiz #1

30 Questions | Total Attempts: 879

SettingsSettingsSettings
Please wait...
Business Math Quizzes & Trivia

Welcome to The Ultimate Business Math Test Quiz #1. In business, we have all these transactions and decisions for which require the application of mathematics. People in the corporate world should have this knowledge and taking this quiz is a good way to start or advance. All the best.


Questions and Answers
  • 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. 
    Multiply $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. 
    The difference between the subtrahend 34 and the minuend 87 is:
    • A. 

      Positive 35

    • B. 

      Positive 53

    • C. 

      Negative 35

    • D. 

      Negative 53

  • 5. 
    The product of multiplier .13 and multiplicand 7.0905 is:
    • A. 

      .921765

    • B. 

      1.821765

    • C. 

      1.921765

    • D. 

      1.192176

  • 6. 
    The quotient 13 can be achieved with the:
    • A. 

      Divisor 79 and dividend 6

    • B. 

      Divsor 6 and dividend 78

    • C. 

      Divisor 7 and dividend 69

    • D. 

      Divisor 9 and dividend 77

  • 7. 
    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

  • 8. 
    If the monthly interest rate is 3 percent, what is the APR?
    • A. 

      36 percent

    • B. 

      10 percent

    • C. 

      15 percent

    • D. 

      30 percent

  • 9. 
    The sales tax 5.5 percent. Compute the sales tax on $325.
    • A. 

      $10.70

    • B. 

      $178

    • C. 

      $17.88

    • D. 

      $1.78

  • 10. 
    Calculate simple interest on a pricipal of $1,525 at 19.5 percent at the end of the year.
    • A. 

      $29.73

    • B. 

      $297.38

    • C. 

      $2,973.80

    • D. 

      $2,777

  • 11. 
    The sales tax is 3 percent. Compute the sales tax on $690.
    • A. 

      $2.70

    • B. 

      $20.70

    • C. 

      $270

    • D. 

      $207

  • 12. 
    Joann purchased a used automobile for $1,500. Southwest Banks finances the car for one year at 12.5 percent. Computed the total payment at the end of the year.
    • A. 

      $187.50

    • B. 

      $1,587.50

    • C. 

      $1,887.50

    • D. 

      $1,687.50

  • 13. 
    Find the mode of 0,1,2,2,3,4,4,8,2.
    • A. 

      2.5

    • B. 

      4

    • C. 

      3

    • D. 

      2

  • 14. 
    The weighteed average for the data set. Scores 4 9 6 8 1 Number occurances 4 2 6 1 1
    • A. 

      3.93

    • B. 

      2.54

    • C. 

      5

    • D. 

      12

  • 15. 
    Determine the average of the 2,5,7,10.
    • A. 

      5

    • B. 

      6

    • C. 

      10

    • D. 

      7

  • 16. 
    Round 4888.262 to the nearest hundredth.
    • A. 

      488

    • B. 

      488.26

    • C. 

      500

    • D. 

      4888.26

  • 17. 
    Multiply 4.2 x 2.2.
    • A. 

      12

    • B. 

      7.24

    • C. 

      20

    • D. 

      9.24

  • 18. 
    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

  • 19. 
    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

  • 20. 
    Jake's printing gives its customers a series of chain discounts including 15 percent, 5 percent, and 5 percent. Calculate the net selling price on printing orders of $900.
    • A. 

      $690.41

    • B. 

      $6,600

    • C. 

      $69.41

    • D. 

      $6,006

  • 21. 
    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

  • 22. 
    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. 

      $44.99

  • 23. 
    Subtract 1/4 from 12.
    • A. 

      11

    • B. 

      15

    • C. 

      5

    • D. 

      8 3/4

  • 24. 
    Divide 1/2 by 1/4.
    • A. 

      6

    • B. 

      2

    • C. 

      8

    • D. 

      4

  • 25. 
    Convert 1/2 to a decimal.
    • A. 

      .5

    • B. 

      .50

    • C. 

      .10

    • D. 

      .20

Back to Top Back to top