(Test Bank) Business Mathematics In Canada

Jerome,Worswick, 10

Business

Test Bank

10th Edition

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Test Bank for Business Mathematics In Canada, The downloadable file consists of 1539 pages, and the total size of the file is 7.31 MB. Purchase now only for highly discounted price.

Author(s): Jerome, Worswick

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Study Note Preview

Version 1 1 CHAPTER 1 1) Evaluate 8 - 5 x 2 - 3 A) -5 B) 3 C) 5 D) -3 E) 15 2) Evaluate 8 - 4 x (2 - 3) A) -4 B) 12 C) 5 D) 11 E) 4 3) Evaluate 18 ÷ 3 + 8 - 4 x 2 - 3 A) 17 B) 25 C) 3 D) 11 E) 4 4) Evaluate 18 ÷ 3 + (8 - 4) x (2 - 3)Version 1 2 A) -10 B) 17 C) -18 D) 2 E) 4 5) Evaluate 8 - 4 x (2 - 3)2 A) 25 B) -1 C) 12 D) 17 E) 4 6) Evaluate 6 - 2 + 3 x (2 - 3)2 A) 7 B) 12 C) -12 D) -1 E) 1 7) Evaluate Version 1 3 A) -7.4 B) -10.4 C) -14.8 D) 10.4 E) 7.4 8) Evaluate 3(8 - 4)2 x (2 - 3)2 A) 400 B) -400 C) 48 D) -48 E) 93 9) Evaluate 3[4 + (5 + 3)2]2 A) 256 B) 38,416 C) 3600 D) 13,872 E) 576 10) Evaluate (2 - 3 x 4)2 - 5 x (5 - 6)2 A) 11 B) 125 C) -21 D) 95 E) 395 Version 1 4 11) Evaluate A) $743.75 B) $1725.00 C) $700.04 D) $1637.50 E) $1243.75 12) Evaluate A) $1063.75 B) $1416.73 C) $1765.00 D) $1637.50 E) $1480.42 13) Evaluate A) $749.98 B) $732.28 C) $308.20 D) $572.77 E) $767.72 14) Evaluate Version 1 5 A) $1137.39 B) $721.09 C) $578.91 D) $446.88 E) $576.06 15) Evaluate A) $1067.16 B) $1035.95 C) $896.32 D) $1033.12 E) $1502.05 16) Evaluate A) $25,588.46 B) $19,927.38 C) $19,072.38 D) $24,855.01 E) $24,425.08 17) Evaluate Version 1 6 A) $1414.53 B) $1843.18 C) $348.85 D) $454.56 E) $1625.58 18) Evaluate A) $1701.95 B) $1796.85 C) $2265.35 D) $1897.86 E) $2392.70 19) Evaluate A) $172,405.00 B) $82,207.63 C) $83,050.31 D) $41,525.16 E) $86,202.50 20) Evaluate Version 1 7 A) $2766.53 B) $1054.53 C) $19,072.06 D) $4218.14 E) $45,756.60 21) Evaluate A) $493.46 B) $27.22 C) $900.00 D) $84.52 E) $123.36 22) Evaluate A) $43.31 B) $38.03 C) $86.61 D) $83.98 E) $48.51 23) Evaluate Version 1 8 A) -$404.21 B) -$353.78 C) -$185.74 D) -$208.56 E) -$145.22 24) Evaluate A) $1489.85 B) $2892.41 C) $2712.09 D) $1177.64 E) $1818.11 25) What amount is 230% of $450? A) $103,500 B) $1.04 C) $51.11 D) $1035 E) $195.65 26) What amount is 0.04% of $200,000? Version 1 9 A) $8000 B) $800 C) $8 D) $0.80 E) $80 27) 4.9% of $2750 is what amount? A) $134.75 B) $13,475 C) $2,884.75 D) $13.48 E) $284.48 28) What is 0.05% of $9100? A) $455.00 B) $4.55 C) $4550.00 D) $45.50 E) $0.46 29) What is 13.5% of $5000? A) $67.50 B) $6.75 C) $675 D) $6,750.00 E) $0.68 Version 1 10 30) What is 2500% of $1625? A) $4,062.50 B) $406.25 C) $40.63 D) $40,625 E) $4,062 31) 78% of $2460 is what amount? A) $151.86 B) $269.07 C) $26.91 D) $19.47 E) $1,918.80 32) 24% of $675 is what amount? A) $162 B) $16.88 C) $691.20 D) $123.12 E) $389.88 33) of $10,000 is what amount? Version 1 11 A) $87.50 B) $8.75 C) $87,500 D) $8,750 E) $875 34) of $6000 is what amount? A) $0.45 B) $45.00 C) $4.50 D) $450.00 E) $4,500.00 35) Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid biweekly. Assume there are 52 weeks in the year. A) $2000 B) $4000 C) $923.08 D) $1846.15 E) $1923.08 36) Nitin earns $48,000 per year for a forty-hour work week. Determine his hourly rate of pay if he is paid biweekly. Assume there are 52 weeks in the year. Version 1 12 A) $250.00 B) $24.04 C) $46.50 D) $50.00 E) $23.08 37) Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5000, 4% if his sales are over $8000, and 5% if sales are over $15,000. How much will Nitin earn in a week in which his sales are $20,000? A) $1200 B) $1000 C) $800 D) $600 E) $200 38) Nitin is paid a base salary of $300 per week and commission at the rate of 2.5% for sales over $5000, 4% if his sales are over $10,000, and 4.5% if sales are over $25,000. How much will Nitin earn in a week in which his sales are $20,000? A) $800 B) $825 C) $900 D) $1200 E) $1125 39) Nitin is paid on a graduated commission scale. His base salary is $250 per week and he receives commission at the rate of 2.5% for the first $5000 of sales in a week, 4% on the next $10,000, and 4.5% on all further sales. How much will Nitin earn in a week in which his sales are $30,000?Version 1 13 A) $1200 B) $1350 C) $1450 D) $1600 E) $1000 40) Nitin is paid on a graduated commission scale. His base salary is $1500 per month and he receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. How much will Nitin earn in a month in which his sales are $60,000? A) $2150 B) $2250 C) $3750 D) $3650 E) $2500 41) A sales representative is paid the greater of $950 or 8% of sales. At what volume of sales will he start to earn more from the commission-based compensation? A) $9500 B) $1026 C) $1875 D) $1187.50 E) $11,875 42) A sales representative is paid the greater of $1275 per week or 9% of sales. At what volume of sales will she start to earn more from the commission-based compensation?Version 1 14 A) $14,166.67 B) $1389.75 C) $2295 D) $2422.50 E) $12,750 43) Nitin is paid on a graduated commission scale. He receives commission at the rate of 2.5% for the first $5000 of sales in a week, 4% on the next $10,000, and 4.5% on all further sales. What is Nitin's average rate of commission in a week in which his sales are $30,000? A) 3.67% B) 4% C) 3.33% D) 3.75% E) 4.25% 44) Nitin is paid on a graduated commission scale. He receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. What is Nitin's average rate of commission in a month in which his sales are $60,000? A) 3.167% B) 3.417% C) 3.583% D) 4.122% E) 3.83% 45) Safa is paid a base salary of $1500 per month and a commission of 6% on all sales over $75,000. Last month, Safa's gross salary was $4440. What were her sales for the month?