Contemporary Business Mathematics for Colleges 17th Edition By Deitz - Test Bank

Contemporary Business Mathematics for Colleges 17th Edition By Deitz - Test Bank   Instant Download - Complete Test Bank With Answers     Sample Questions Are Posted Below   Objective Short Answer   1. Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents. ​ a. 250% = ______ …

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Contemporary Business Mathematics for Colleges 17th Edition By Deitz – Test Bank

 

Instant Download – Complete Test Bank With Answers

 

 

Sample Questions Are Posted Below

 

Objective Short Answer

 

1. Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.

a. 250% = ______
b. 1 3/4 = ______
c. 0.35 = ______

 

ANSWER:  
a. 2.5 b. 175% c. 35%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

2. Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.​

a. 1.7% = ______
b. 7/8 = ______
c. 1.7 = ______

 

ANSWER:  
a. 0.017 b. 87.5% c. 170%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

3. Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.​

a. 0.27 = ______
b. 65% = ______
c. 1/2 = ______

 

ANSWER:  
a. 27% b. 0.65 c. 50%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

4. ​Change the percents to decimals or mixed/whole numbers; change the decimals, fractions, or whole numbers to percents.

a. 0.25% = ______
b. 1/4 = ______
c. 0.125 = ______

 

ANSWER:  
a. 0.0025 b. 25% c. 12.5%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

5. Solve each of the following problems for the percentage.

a. 120% of $12 = ______
b. 0.02% of 1,600 = ______
c. 40% of $250 = ______

 

ANSWER:  
a. $14.40 b. 0.32 c. $100
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

6. Solve each of the following problems for the percentage.

a. 0.4% of 1520 = ______
b. 6% of 20 = ______
c. 7.5% of $36 = ______

 

ANSWER:  
a. 6.08 b. 1.2 c. $2.70
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

7. ​Solve each of the following problems for the percentage.

a. 37.5% of 1600 = ______
b. 16% of 42.5 = ______
c. 1/4% of $220 = ______

 

ANSWER:  
a. 600 b. 6.8 c. $0.55
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

8. Solve each of the following problems for the percentage.

a. 125% of $42.60 = ______
b. 0.325% of 100 = ______
c. 200% of $2.47 = ______

 

ANSWER:  
a. $53.25 b. 0.325 c. $4.94
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

9. ​Solve each of the following for the base. Round amounts to the nearest two decimal places.

a. 25% of __________ = $4.25
b. 150% of __________ = 1.05
c. 0.375% of __________ = $3.09

 

ANSWER:  
a. $17 b. 0.7 c. $824
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. 55% of __________ = 110
b. 1.25% of __________ = $16
c. 120% of __________ = 4.2

 

ANSWER:  
a. 200 b. $1,280 c. 3.5
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. ______ of 50 = 200
b. ______ of $316 = $553
c. ______ of 84 = 37.8

 

ANSWER:  
a. 400% b. 175% c. 45%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. ______ of $15.50 = $3.72
b. ______ of 0.24 = 0.6
c. ______ of $400 = $10

 

ANSWER:  
a. 24% b. 250% c. 2.5%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. ______ of $12.50 = $4.50
b. ______ of 0.35 = 0.7
c. ______ of $750 = $15

 

ANSWER:  
a. 36% b. 200% c. 2%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. 127% of 460 = __________
b. __________ of $220 = $9.90
c. 33 1/3% of __________ = 117

 

ANSWER:  
a. 584.2 b. 4.5% c. 351
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. 37.5% of 40,000 = __________
b. 1/5% of __________ = $4.80
c. __________ of 2,400 = 18

 

ANSWER:  
a. 15,000 b. $2,400 c. 0.75%
POINTS:   2
DIFFICULTY:   Easy
LEARNING OBJECTIVES:   CBMC.DEIT.5.3
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
KEYWORDS:   Bloom’s: Application

 

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

a. 27.5% of 60,000 = __________
b. 1/3% of __________ = $6.40
c. __________ of 6,400 = 16

 

ANSWER:  
a. 16,500 b. $1,920 c. 0.25%
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.​

a. Manufacturing increased from 2,200 packages per day to 2,750 packages per day; the percent increase was __________.
b. Base value = $360; increase = 15%; new (final) value = __________
c. Increasing the base value _________ by 300% gives an increase of 720 units.

 

ANSWER:  
a. 25% b. $414 c. 240 units
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.​

a. An increase by 90 is 15% of the base value ______.
b. Profits were $250,000 in June, but only $220,000 in July. The rate of decrease was ______.
c. Base value = 720; decrease = 25%; new (final) value = ______

 

ANSWER:  
a. 600 b. 12% c. 540
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.​

a. The price decreased from $16.50 to $13.20; the percent decrease was __________.
b. Increasing the base value 217 by 100% yields the new value __________.
c. Decreasing the base value _________ by 75% gives a decrease of 90 units.

 

ANSWER:  
a. 20% b. 434 c. 120
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.

a. 80 homes were sold in April, but only 68 homes were sold in May. The rate of decrease was ______.
b. Start with $120; increase by 50%; end up with ______
c. An increase by $7.50 is 12% of the base value ______.

 

ANSWER:  
a. 15% b. $180 c. $62.50
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.

a. 100 cars were sold in October, but only 80 cars were sold in November. The rate of decrease was ______.
b. Start with $115; increase by 40%; end up with ______
c. An increase by $6.40 is 16% of the base value ______.

 

ANSWER:  
a. 20% b. $161 c. $40
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.

ANSWER:   $120 ¸ 0.08 = $1,500
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?

ANSWER:   $4,896 + $6,513 + $2,191 = $13,600; $4,896 ¸ $13,600 = 0.36 or 36%

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?

ANSWER:   $126.83 ¸ 0.22 = $576.50 total spent on shopping trip
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.

ANSWER:   188 – 160 = 28; 28 ¸ 160 = 0.175 = 17.5%
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?​

ANSWER:   $40 – $26 = $14; $14 ¸ $40 = 0.35 or 35%
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?

ANSWER:   $70 – $35 = $35; $35 ¸ $70 = 0.50 or 50%
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.​

ANSWER:   45 hours ´ 0.2 = 9 hours
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.​

ANSWER:   $876.60 ¸ 0.225 = $3,896
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?

ANSWER:   $2,639,000 ¸ 3.25 = $812,000
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?

ANSWER:   $5,328 ¸ 1.11 = $4,800
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?

ANSWER:   $4,800 – $3,120 = $1,680; $1,680 ¸ $4,800 = 0.35 = 35%
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.​

ANSWER:   1.00 – 0.60 = 0.40; 18 hours ¸ 0.40 = 45 hours
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?​

ANSWER:   32 minutes ´ 0.125 = 4 minutes; 32 minutes – 4 minutes = 28 minutes
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?​

ANSWER:   40 minutes ´ 0.15 = 6 minutes; 40 minutes – 6 minutes = 34 minutes
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 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.

ANSWER:   $85,000 ¸ 0.40 = $212,500
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?​

ANSWER:   143 hours ¸ 0.65 = 220 total hours worked

220 hours – 143 hours = 77 hours on other projects

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?​

ANSWER:   100% – 75% = 25%;

$1,450,000 ´ 0.25 = $362,500 revenue before March or after October

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

 

 

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