Business Calculations Mid-Term Exam
UPDATED ACTUAL Questions and
CORRECT Answers
In the number 49,869 there are how many tens? - CORRECT ANSWER- ✔✔6
Round all-the-way 2,689: - CORRECT ANSWER- ✔✔3,000
Adding 1,690 + 88 + 410 + 30 results in a sum of: - CORRECT ANSWER- ✔✔2,218
Subtracting 766 from 941 results in a difference of: - CORRECT ANSWER- ✔✔175
88,000 times 300 equals: - CORRECT ANSWER- ✔✔26,400,000
Janet Woo received the following grades in an accounting class at McLennan Community
College: 65, 80, 70, 100, 75, and 90. The instructor said he would drop the lowest grade.
What is Janet's average? - CORRECT ANSWER- ✔✔83
Lee Co. carpeted its offices, requiring 310 square yards of commercial carpet. The total cost
of the carpet at Home Depot was $10,230. How much did Lee pay per square yard? -
CORRECT ANSWER- ✔✔$33
On Tuesday, Pizza Hut sold 60 plain pizzas at $5 each; 20 meatball pizzas at $8 each; 25
Sicilian pizzas at $9 each; and 33 large crust supremes at $10 each. What were the total dollar
sales for Pizza Hut on Tuesday? - CORRECT ANSWER- ✔✔$1,015
Pete Hax rents a ski house in Vail for $1,800 per month for six months. Assuming Pete
spends $12,955 for the total trip, how much was spent above the renting of the ski house? -
CORRECT ANSWER- ✔✔$2,155
Ed Sloan bought 6,000 shares of stock in eBay Co. After holding the stock for six months, he
sold 500 shares on Monday, 220 shares on Tuesday and again on Thursday, and 900 shares on
, Friday. If the average share of stock he still has is worth $70 per share, what is the total value
of the stock? - CORRECT ANSWER- ✔✔$291,200
Round 2,689 all the way: - CORRECT ANSWER- ✔✔3,000
Jeff wants to buy a new Ford Fusion for $24,200, with shipping costs of $800 and interest
cost of $1,000. If Jeff pays in 72 equal payments, what will Jeff's monthly payment be? -
CORRECT ANSWER- ✔✔$361.11
13/2 converted to a mixed number is: - CORRECT ANSWER- ✔✔6 1/2
The greatest common divisor of 20/30 is: - CORRECT ANSWER- ✔✔10
In adding 4/5 + 18/100 the least common denominator is: - CORRECT ANSWER- ✔✔100
The LCD of 6/20, 9/5, 7/50, and 3/4 is: - CORRECT ANSWER- ✔✔100
Canceling: - CORRECT ANSWER- ✔✔Is an alternative method to reducing fractions to the
lowest terms
A trip to Portland, Oregon, from Boston will take 7 3/4 hours. Assuming we are two-thirds of
the way there, how much longer in hours will the trip take? - CORRECT ANSWER- ✔✔2
7/12
Shelley Tilton bought 1 3/4 lbs of sliced roast beef, 8 1/2 lbs of sliced ham, and 3/4 lb of
coleslaw at Albertson's Market. What was the total weight of her purchases? - CORRECT
ANSWER- ✔✔11 lbs
Joe Jackson worked 8 hours on Monday, 4 1/4 hours on Tuesday, 6 1/8 hours on Wednesday,
7 1/4 hours on Thursday, and 8 1/8 hours on Friday. Calculate the total number of hours Joe
worked for the week. - CORRECT ANSWER- ✔✔33 3/4
UPDATED ACTUAL Questions and
CORRECT Answers
In the number 49,869 there are how many tens? - CORRECT ANSWER- ✔✔6
Round all-the-way 2,689: - CORRECT ANSWER- ✔✔3,000
Adding 1,690 + 88 + 410 + 30 results in a sum of: - CORRECT ANSWER- ✔✔2,218
Subtracting 766 from 941 results in a difference of: - CORRECT ANSWER- ✔✔175
88,000 times 300 equals: - CORRECT ANSWER- ✔✔26,400,000
Janet Woo received the following grades in an accounting class at McLennan Community
College: 65, 80, 70, 100, 75, and 90. The instructor said he would drop the lowest grade.
What is Janet's average? - CORRECT ANSWER- ✔✔83
Lee Co. carpeted its offices, requiring 310 square yards of commercial carpet. The total cost
of the carpet at Home Depot was $10,230. How much did Lee pay per square yard? -
CORRECT ANSWER- ✔✔$33
On Tuesday, Pizza Hut sold 60 plain pizzas at $5 each; 20 meatball pizzas at $8 each; 25
Sicilian pizzas at $9 each; and 33 large crust supremes at $10 each. What were the total dollar
sales for Pizza Hut on Tuesday? - CORRECT ANSWER- ✔✔$1,015
Pete Hax rents a ski house in Vail for $1,800 per month for six months. Assuming Pete
spends $12,955 for the total trip, how much was spent above the renting of the ski house? -
CORRECT ANSWER- ✔✔$2,155
Ed Sloan bought 6,000 shares of stock in eBay Co. After holding the stock for six months, he
sold 500 shares on Monday, 220 shares on Tuesday and again on Thursday, and 900 shares on
, Friday. If the average share of stock he still has is worth $70 per share, what is the total value
of the stock? - CORRECT ANSWER- ✔✔$291,200
Round 2,689 all the way: - CORRECT ANSWER- ✔✔3,000
Jeff wants to buy a new Ford Fusion for $24,200, with shipping costs of $800 and interest
cost of $1,000. If Jeff pays in 72 equal payments, what will Jeff's monthly payment be? -
CORRECT ANSWER- ✔✔$361.11
13/2 converted to a mixed number is: - CORRECT ANSWER- ✔✔6 1/2
The greatest common divisor of 20/30 is: - CORRECT ANSWER- ✔✔10
In adding 4/5 + 18/100 the least common denominator is: - CORRECT ANSWER- ✔✔100
The LCD of 6/20, 9/5, 7/50, and 3/4 is: - CORRECT ANSWER- ✔✔100
Canceling: - CORRECT ANSWER- ✔✔Is an alternative method to reducing fractions to the
lowest terms
A trip to Portland, Oregon, from Boston will take 7 3/4 hours. Assuming we are two-thirds of
the way there, how much longer in hours will the trip take? - CORRECT ANSWER- ✔✔2
7/12
Shelley Tilton bought 1 3/4 lbs of sliced roast beef, 8 1/2 lbs of sliced ham, and 3/4 lb of
coleslaw at Albertson's Market. What was the total weight of her purchases? - CORRECT
ANSWER- ✔✔11 lbs
Joe Jackson worked 8 hours on Monday, 4 1/4 hours on Tuesday, 6 1/8 hours on Wednesday,
7 1/4 hours on Thursday, and 8 1/8 hours on Friday. Calculate the total number of hours Joe
worked for the week. - CORRECT ANSWER- ✔✔33 3/4
