Business Math Quizzes Online & Trivia

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  • Which of the following best describes how compound interest works?
    Which of the following best describes how compound interest works?
    D and A are the same. I'm assuming you meant to put "decreases" on D?

  • What wil be the retail cost of 30 tablets of Ibruprofin if 500 tablets of Ibuprofen 200 mg cost $250 and the percentage mark-up on a prescription is 15?
    What wil be the retail cost of 30 tablets of Ibruprofin if 500 tablets of Ibuprofen 200 mg cost $250 and the percentage mark-up on a prescription is 15?
    Again, we need to do a little math; if the cost of 500 tablets is $250 and you will learn to market up by 15% you would market up to $37.50 then you would add that to the $250 and you would get $287.50. Then to find out how much the cost is per pill, you would divide $287.50 by 500 tablets, which equal 0.575 cents per pill. If you have a bottle of 30 tablets, you multiply the 30×0.575, which equals $17.25 per bottle.

  • What rate of interest did Todd pay on the note? Todd Smith paid $891.75 in interest on a 9-month note for $8,200.
    What rate of interest did Todd pay on the note? Todd Smith paid $891.75 in interest on a 9-month note for $8,200.
    14.5 not sure what more you are asking of me.

  • What is the amount of interest she owed on the loan? A bank loaned Peggy Chalmers $3,000 at 13.5% ordinary interest for 90 days.
    What is the amount of interest she owed on the loan? A bank loaned Peggy Chalmers $3,000 at 13.5% ordinary interest for 90 days.
    I= Prt =(3000)(.135)(90/365) =3000x.135x0.25 =101.25

  • What total deposit was made? A deposit slip lists these items: (bills) 8 fifties, 22 twenties, 9 tens, 30 fives; (coins) 24 dimes, 18 nickels, 90 pennies; (checks) $45.67, $99.12. The depositor...
    What total deposit was made? A deposit slip lists these items: (bills) 8 fifties, 22 twenties, 9 tens, 30 fives; (coins) 24 dimes, 18 nickels, 90 pennies; (checks) $45.67, $99.12. The depositor...
    A is the answer to this question. You need to multiply the corresponding money with the numbers that are assigned to them so that you will know the total before adding them to the other amounts that are available. You should also take note that the depositor did not get any cash back. It is important always to check the amount that you will deposit when you are at the bank because what if the teller makes a mistake? They are not supposed to make a mistake but what if they do? This way, you can be sure that you are depositing the right amount of money to your account. You do not want to get surprised that you do not have enough money, right?

  • Which is true regarding in a graduated tax system?
    Which is true regarding in a graduated tax system?
    The tax rate gets higher as taxable income gets larger.

  • What will their final cost be upon pick-up? Your pharmacy in Ohio adds a 35% Markup over wholesale on prescription drugs. Additionally, a dispensing fee of $4.82 is charged per order. The wholesale...
    What will their final cost be upon pick-up? Your pharmacy in Ohio adds a 35% Markup over wholesale on prescription drugs. Additionally, a dispensing fee of $4.82 is charged per order. The wholesale...
    $70.43

  • What was her interest after three months? Jerrica OReilly deposited $800 into a savings account at Nations National Bank. The account earned an annual interest rate of 5 1/2%.
    What was her interest after three months? Jerrica OReilly deposited $800 into a savings account at Nations National Bank. The account earned an annual interest rate of 5 1/2%.
    $ 13.20

  • What was the gross profit and the overhead for the month, respectively? The prescription department had the following monthly sales information: Net profit = $5,545 Total sales receipts =...
    What was the gross profit and the overhead for the month, respectively? The prescription department had the following monthly sales information: Net profit = $5,545 Total sales receipts =...
    $18,091 and $12,546

  • What was the delivered price? The purchase price of a new van was $22,980. The sales tax rate in the state was 5.5%, and registration fees came to $133. There was also a $1,500 manufacturers rebate...
    What was the delivered price? The purchase price of a new van was $22,980. The sales tax rate in the state was 5.5%, and registration fees came to $133. There was also a $1,500 manufacturers rebate...
    $22,876.90

  • What is the value of x after solving the following linear equation?-2x + 6 = 4x - 2
    What is the value of x after solving the following linear equation?-2x + 6 = 4x - 2
    4/3

  • How much will the patient have to pay for the crutches if he purchased them in WV where the sales tax rate is 6 percent and he does not have a prescription for the crutches? A pharmacy purchased...
    How much will the patient have to pay for the crutches if he purchased them in WV where the sales tax rate is 6 percent and he does not have a prescription for the crutches? A pharmacy purchased...
    $87.08