Business Math Exam 4
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Business Math Exam 4
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25 Questions

1. In Ed’s new job his fringe benefits are $75.24 a week. In his old job the benefits were $66 a week. Find the percent of increase or decrease.
2. This year Sarah won a local election in which 10,800 votes were cast. If Sarah received 5/8 of the total votes in this year’s election, what number of votes did she get?
3. Jose’s property is assessed at $82,000. The school tax rate in his district is 0.0145. What is Jose’s school tax?
4. Arjey & Sons ordered 298,440 machine parts. The cost of the parts was $7,460. Find the cost of each part to the nearest tenth of a cent.
5. You had 4 1/6 yards of network wire. You used 2 ½ yards in a recent job. How much wire do you have left?
6. The gross weight of a truck and its contents was 18,295 pounds. The weight of the truck alone was 15,207 pounds. What was the net weight of the contents?
7. Faye Sim is paid $276 a week. The FICA tax rate is 7.65%. What amount is withheld for FICA?
8. Jarret’s call to a friend cost $12.76 on Wednesday morning. By waiting until Saturday, he could have saved 55%. What would the cost of the call have been on Saturday?
9. Isabel Muyo’s salary is $20,832 this year. Last year her salary was $18,600. What was the percent of increase in her salary
10. Jan Barnes worked 10 ½ hours Sunday, 7 ¼ hours Monday, and 9 ¾ hours Tuesday. Find the total number of hours she worked during those three days.
11. A survey found that 3 out of 5 workers drive to work. There are 480 workers at Ajax Company. Using this survey data, how many workers may drive to work at Ajax Company.
12. Glenda Marcione earns $1,620 a month, and Dominic Marcione earns $370 a week. What is the total year’s income for both?
13. Employees at the Graf Company are paid on this piece-rate schedule: First 75 or fewer pieces, $0.95; Next 25 pieces, $1.05; All pieces over 100, $1.20. What was the gross pay for the day for Deb Dubois if she made 108 pieces?
14. Rose used 1,200 gallons of water last quarter. Find her total water bill if she pays $0.895 per 100 gallons.
15. After being in effect for 4 years, the rate of interest on Sol Retal’s variable rate mortgage has changed from 12.5% to 10%. Sol’s old monthly payment was $763.25. Sol’s new monthly payment is $655.01. How much less does Sol pay in one year at the new mortgage rate?
16. Altors, Inc., had sales of $3,250,000 last year. The company spent 75% of its’ sales on wages and salaries. How much was spent on wages and salaries?
17. Change 0.58 to a fraction.
18. A car used 14 gallons of gas to travel 448 miles. How many miles did the car average per gallon?
19. John Rinaldi deposited these items: 21 twenties, 15 tens, 24 fives, 27 ones, 35 halves, 29 quarters, 183 dimes, 392 pennies, and checks for $42.58, $270.16, and $37.02. What was the total deposit?
20. Phan Am Van makes a salary of $650 a month plus 10% commission on sales over $5,000. Last month Phan’s sales were $8,459. What were Phan’s gross earnings?
21. A retail store had 2,106 customers on Monday and 1,890 customers on Tuesday. How many total customers did the store have for the two days, rounded to the nearest hundred?
22. Eight packages of paper weigh a total of 38 pounds. What is the weight of 50 packages of the same kind of paper?
23. Your credit card has an annual percentage rate of 15%. What is the effective monthly rate?
24. Round 123 times 489 to the nearest tens:
25. You are a salesman in a hardware store. A customer comes in and wants to paint their house. You decide the order of paint needed to paint their house is 12.74 gallons. The price of one gallon of paint is $12.95. Paint is available in one-gallon containers only. How much will it cost to buy paint?

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