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Contemporary Business Mathematics for Colleges 17e James E Deitz James L Southam - Test Bank

Contemporary Business Mathematics for Colleges 17e James E Deitz James L Southam - Test Bank   Instant Download - Complete Test Bank With Answers     Sample Questions Are Posted Below   Multiple Choice   1. Change the percent to a decimal or mixed/whole number: 250%   a. 25   b. 0.25   c. 2.5   …

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Contemporary Business Mathematics for Colleges 17e James E Deitz James L Southam – Test Bank

 

Instant Download – Complete Test Bank With Answers

 

 

Sample Questions Are Posted Below

 

Multiple Choice

 

1. Change the percent to a decimal or mixed/whole number: 250%

  a. 25
  b. 0.25
  c. 2.5
  d. 25,000

 

ANSWER:   c
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

2. Change the fraction to a percent: 7/8

  a. 87.5%
  b. 0.875%
  c. 8.75%
  d. 875%

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

3. Change the decimal to a percent: 0.27

  a. 2.7%
  b. 270%
  c. 0.0027%
  d. 27%

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

4. Change the percent to a decimal or mixed/whole number: 0.25%

  a. 25
  b. 0.025
  c. 0.0025
  d. 2.5

 

ANSWER:   c
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

5. Solve the following problem for the percentage.

120% of $12 = ______

  a. $1,440
  b. $14.40
  c. $144
  d. $14.00

 

ANSWER:   b
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

6. Solve the following problem for the percentage.

0.4% of 1520 = ______

  a. 6.08
  b. 608
  c. 60.8
  d. 8.08

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

7. Solve the following problem for the percentage.

37.5% of 1600 = ______

  a. 600
  b. 60,000
  c. 60
  d. 0.66

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

8. Solve the following problem for the percentage.

125% of $42.60 = ______

  a. $5,325
  b. $53.25
  c. $532.50
  d. $5.23

 

ANSWER:   b
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

9. Solve the following for the base. Round the amount to the nearest two decimal places.

25% of __________ = $4.25

  a. $17
  b. $5.88
  c. $0.17
  d. $1.70

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

10. Solve the following for the base. Round amounts to the nearest two decimal places.

120% of __________ = 4.2

  a. 0.04
  b. 0.35
  c. 28.57
  d. 3.5

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

11. Solve the following for the rate. Round amounts to the nearest two decimal places.

______ of 50 = 200

  a. 4%
  b. 40%
  c. 25%
  d. 400%

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

12. Solve the following for the rate. Round amounts to the nearest two decimal places.

______ of $15.50 = $3.72

  a. 0.24%
  b. 26%
  c. 24%
  d. 41.67%

 

ANSWER:   c
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

13. Solve the following for the rate. Round amounts to the nearest two decimal places.

______ of $12.50 = $4.50

  a. 36%
  b. 0.36%
  c. 2.78%
  d. 27.78%

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

14. Solve the following for the missing value. Round amounts to the nearest two decimal places.

127% of 460 = __________

  a. 58,420
  b. 584.2
  c. 362.20
  d. 58.42

 

ANSWER:   b
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

15. Solve the following for the missing value. Round amounts to the nearest two decimal places.

37.5% of 40,000 = __________

  a. 15,000
  b. 1,500,000
  c. 1,066.67
  d. 1,500

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

16. Solve the following for the missing value. Round amounts to the nearest two decimal places.

27.5% of 60,000 = __________

  a. 1,650,000
  b. 16,500
  c. 2,181.82
  d. 165

 

ANSWER:   b
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

17. Compute the missing value. Manufacturing increased from 2,200 packages per day to 2,750 packages per day; the percent increase was __________.

  a. 20%
  b. 550%
  c. 5.5%
  d. 25%

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

18. Compute the missing value. An increase by 90 is 15% of the base value ______.

  a. 13.5
  b. 1,350
  c. 600
  d. 6

 

ANSWER:   c
POINTS:   2
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

19. Compute the missing value. The price decreased from $16.50 to $13.20; the percent decrease was __________.

  a. 25%
  b. 3.3%
  c. 33%
  d. 20%

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

20. Compute the missing value. 80 homes were sold in April, but only 68 homes were sold in May. The rate of decrease was ______.

  a. 12%
  b. 17.6%
  c. 18%
  d. 15%

 

ANSWER:   d
POINTS:   2
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

21. Compute the missing value. 100 cars were sold in October, but only 80 cars were sold in November. The rate of decrease was ______.

  a. 20%
  b. 25%
  c. 0.2%
  d. 0.25%

 

ANSWER:   a
POINTS:   2
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

22. Nancy saves $120 per week which represents 8% of her total weekly salary. Find her total weekly salary.

  a. $1,500
  b. $1,200
  c. $960
  d. $2,500

 

ANSWER:   a
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

23. A video store both rents and sells DVD movies and also sells blank DVD disks. During the week between Christmas and New Year, the store had rentals of $4,896, movie sales of $6,513, and blank disk sales of $2,191. What percent of the total revenue was from movie rentals?

  a. 0.48 or 48%
  b. 0.16 or 16%
  c. 0.36 or 36%
  d. 0.25 or 25%

 

ANSWER:   c
POINTS:   1
DIFFICULTY:   Moderate
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

24. Wanda’s restaurant buys all of its non-food items at a local warehouse store. On a recent trip to the warehouse store, the restaurant owner spent $126.83 just for paper products. If paper products were only 22% of the entire purchase, find the total amount spent on that trip?

  a. $576.50 total spent on shopping trip
  b. $204.83 total spent on shopping trip
  c. $626.50 total spent on shopping trip
  d. $775.76 total spent on shopping trip

 

ANSWER:   a
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

25. Westside Trailer Rental has 188 trailers available for rent. Last year, it had 160 available for rent. Compute the percent increase in the number of trailers available for rent.

  a. 14.9%
  b. 15%
  c. 17.5%
  d. 22.5%

 

ANSWER:   c
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

26. Before Christmas, the price of a necktie in a Patrick’s Store for Men was $40. At the post-Christmas sale, the price was $26. By what percent had the price of the necktie been reduced?

  a. 0.54 or 54%
  b. 0.35 or 35%
  c. 0.39 or 39%
  d. 0.27 or 27%

 

ANSWER:   b
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

27. Before Christmas, the price of a shoe in a Heel’s Store for Women was $70. At the post-Christmas sale, the price was $35. By what percent had the price of the shoe been reduced?

  a. 0.50 or 50%
  b. 1.00 or 100%
  c. 0.45 or 45%
  d. 0.35 or 35%

 

ANSWER:   a
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

28. During one work week, Darlene Davies worked a total of 45 hours, 20% of which were weekend hours. Find the number of hours that Darlene worked on the weekend.

  a. 36 hours
  b. 12 hours
  c. 9 hours
  d. 7 hours

 

ANSWER:   c
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

29. December’s electricity bill of $876.60 represents 22.5% of the total December expenses for Westcamper’s Sheet Metal Fabricating. Compute Westcamper’s total expenses in December.

  a. $389.60
  b. $1,970.24
  c. $38,960
  d. $3,896

 

ANSWER:   d
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

30. During its second year of operation, Juan’s Nursery had a 325% increase in its business revenue. If its revenue in the second year was $2,639,000, what had been its revenue for the first year?

  a. $81,200
  b. $85,767.50
  c. $722,250
  d. $812,000

 

ANSWER:   d
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

31. Karen Randolph is a marketing manager for a computer software company. When she was promoted, she received a 111% salary increase. The new monthly salary is $5,328. What was Karen’s salary before the promotion?

  a. $480
  b. $3,200
  c. $2,575
  d. $4,800

 

ANSWER:   d
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

32. Sandy Yu earns $4,800 gross pay per month. Last month Sandy received a check for $3,120. What was the percent of her gross salary that had been deducted?

  a. 65%
  b. 35%
  c. 54%
  d. 32%

 

ANSWER:   b
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

33. Architect Brian Peters spent 60% of a week’s time working on drawings for a new apartment building. If Brian spent 18 hours working on projects other than the apartment building, compute the total hours worked.

  a. 27 hours
  b. 48 hours
  c. 58 hours
  d. 45 hours

 

ANSWER:   d
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

34. A new route for bicycling to work decreased Herschel’s riding time by 12.5%. If the old route took 32 minutes, how long will the new route take?

  a. 28 minutes
  b. 30 minutes
  c. 24 minutes
  d. 19.5 minutes or 19 minutes 30 seconds

 

ANSWER:   a
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

35. A new route for driving to office decreased David’s driving time by 15%. If the old route took 40 minutes, how long will the new route take?

  a. 25 minutes
  b. 32 minutes
  c. 34 minutes
  d. 30 minutes

 

ANSWER:   c
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.4
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

36. Marie Tavis is an artist. Forty percent of Marie’s total sales are to mail order retailers. Last year, Marie’s sales to mail order retailers were $85,000. Determine her total sales last year.

  a. $141,666.67
  b. $212,500
  c. $34,000
  d. $187,450.50

 

ANSWER:   b
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

37. R.J. Cassady is an attorney for a bank. Last month, R.J. worked on real estate contracts for 65% of his time. If he worked on real estate contracts for 143 hours, for how long did he work on other projects?

  a. 77 hours on other projects
  b. 220 hours on other projects
  c. 50 hours on other projects
  d. 93 hours on other projects

 

ANSWER:   a
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

38. Sunrise Landscape Construction earns 75% of its annual revenue between March and October. If their total annual revenue last year was $1,450,000, how much did they earn either before March or after October?

  a. $1,087,500 revenue before March or after October
  b. $550,367 revenue before March or after October
  c. $362,500 revenue before March or after October
  d. $487,625 revenue before March or after October

 

ANSWER:   c
POINTS:   1
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

 

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