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Business Math Exam 7
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Business Math Exam 7
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25 Questions

1. What is the maturity date for a 60-day note dated November 11, 2009?
2. 1, 340,496 rounded to the nearest 1,000 is:
3. Expenses for Franklin Marketing total $78,739.66 for the quarter. Payroll for the quarter is $42,163.00. Payroll is what percent of total expenses?
4. Reduce the following fraction to its lowest term: 74/6
5. Carl’s average gas bill was $66. The gas company lowered prices by 2.5%. How much will Carl’s monthly bill average now?
6. Convert 2 3/8 to a percent
7. If it is noon in Philadelphia, what time is it in San Francisco?
8. Multiply: 5.86 x 6.2
9. Sales tax of 5.75% is added to your purchase of an item priced at $182.69. What is the total amount of the purchase?
10. Plastic wrap can be purchased at $1.09 for 100 feet, $1.59 for 200 feet, or $1.79 for 250 feet. Which is the best buy?
11. If you own 15 computer games and your friend has 21, what percent of the total do you own?
12. You are paid $5.15 per hour. You worked 22 ½ hours this week. What is your gross pay?
13. You bought two mats of different lengths. One mat is 1 2/3 yards long and the other is 1 8/9 yards long. How much must be cut from the longer mat to make both mats the same in length.
14. Joseph is paid 12 cents for each apple he picks. If he picks 300 apples on Monday, how much can he earn that day?
15. Add 68+ 23+ 189=
16. Write the following as an improper fraction: 3 15/16
17. 2 ½ % of 3861 is
18. A person borrowed $4,000 at 12% interest for 9 months. What is the amount of interest?
19. When written as a decimal, 3/20% would be:
20. Eight and one-half percent is equal to which of the following:
21. Solve: 150% of $84
22. 12% of 21 is
23. The electricity bills for the last six months of the year were as follows:
July $54.16
August $61.24
September $68.05
October $83.37
November $94.40
December $107.86
What was the average monthly bill for the six-month period?
24. If it is 8:10 AM in New York City, what time is it in Chicago?
25. The company budget is divided into five categories. Calculate the percentage of the budget for Human Resources if
Staffing= 40%
Supplies= 20%
Insurance= 10%
Development= 20.4%

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