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Business Math 10th Edition by Cleaves Hobbs Noble

ISBN 0133011208 9780133011203


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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Write the decimal as a percent.
1) 0.17 1)
A) 170% B) 0.017% C) 17% D)
1.7%

2) 0.5 2)
A) 50% B) 0.05% C) 500% D)
0.5%

3) 0.019 3)
A) 1.9% B) 19% C) 0.019% D)
0.0019%

4) 0.256 4)
A) 0.0256% B) 0.256% C) 256% D)
25.6%

5) 9.7 5)
A) 97% B) 0.0097% C) 970% D)
0.97%

6) 6 6)
A) 0.06% B) 600% C) 0.6% D)
300%

7) 6.766 7)
A) 0.06766% B) 6.766% C) 676.6% D)
0.6766%

8) 0.00191 8)
A) 0.000191% B) 0.0955% C) 0.191% D)
0.0191%

1
Write the fraction and mixed number as a percent.
76
9) 9)
100
A) 0.76% B) 760% C) 76% D)
7.6%

7
10) 10)
10
A) 700% B) 0.7% C) 70% D)
7%

9
11) 1 11)
10
A) 0.19% B) 19% C) 1.9% D)
190%

43
12) 12)
100
A) 1000% B) 21.5% C) 43% D)
4.3%

80
13) 13)
64
A) 130% B) 80% C) 125% D)
1.25%

2
Solve the problem.
14) In one city, 0.850 of those polled said they would not vote for the incumbent in the 14)
upcoming
congressional election. Represent this as a percent.
A) 0.850% B) 85% C) 8.5% D) 0.0850%

15) In one company, three out of every ten employees use all their sick time. What percent use all 15)
their
sick time?
A) 7% B) 30% C) 3% D) 70%

23
16) of the employees of one company say that they have job satisfaction. 16)
25
A) 920% B) 92% C) 9.2% D)
0.92%

Provide an appropriate response.


17) The decimal 0.0023 would be written as 0.23%. 17)
A) True B)
False

3
18) converted to a percent is 0.2%. 18)
15
A) True B)
False

71
19) Andrea scored on her midterm exam. Her percent score on the exam was 19)
0.71%.
100
A) True B) False

1 1
20) written as a percent is 33 20)
%.
3 3
A) True B) False
21) Karen wants to convert 2.5 to a percent. She moved the decimal two places to the left. 21)
She
converted the number to a percent correctly.
A) True B) False

22) To convert a decimal to a percent, move the decimal point place(s) to 22)
the
.
A) 2, right B) 1, right C) 1, left D) 2, left

23) Which of the following is the best definition of percent? 23)


A) a standardized way of expressing quantities in relation to a standard unit of
100
B) a portion of another unit, always expressed as less than 100
C) a portion of another unit, always expressed as greater than 100
D) all are appropriate definitions
3
24) Percents can contain: 24)
A) mixed numbers and mixed decimals B) whole
numbers
C) all of these D) fractions

4
25) Which of the following is an example of a mixed percent? 25)

A) a whole number B) 14%

2
C) all are appropriate examples D) 66
%
3

Write the percent as a decimal. Round to the nearest thousandth if the division does not
terminate.
26)
1
26) 4 %
5
A) 0.0042 B) 0.42 C) 420 D) 0.042

27) 62% 27)


A) 0.062 B) 6.2 C) 0.51 D)
0.62

28) 340% 28)


A) 3.41 B) 3.4 C) 34 D)
0.34

Write the percent as a fraction or mixed


number. 29)
29) 50% 1
C) D) 5
1 4
A) 1 B)
2

30) 650% 30)


13 13
A) B) 65 C) D) 13
2 4

5
31) 40 % 31)
8
13 16 5 13
A) B) C) 20 D)
16 65 16 32

Solve the problem.


32) A record store downtown is offering 4% off all purchases for the month of December. Write 32)
this
percent as a decimal.
A) 0.4 B) 0.04% C) 0.04 D) 4

3
33) In one community 27 % of all children had no health insurance. Write this percent as a 33)
decimal.
5
A) 27.6 B) 2.76 C) 0.0276 D) 0.276

34) Last year it rained 83% of the days in a small town. What fraction of days in this town did it 34)
rain?

1 83 17 83
A) B) C) D)
83 1000 100 100
5
4
35) Last week 20 % of all households watched a sporting event on television. What 35)
fraction of
5
households watched the sporting event on television?
4 7 4 26
A) B) C) 20 D)
25 250 5 125

Provide an appropriate response.


36) Two hundred twenty-two percent would be equal to 2.22 as a 36)
decimal.
A) True B) False

37) Shawn scored 100% on his first exam. The decimal equivalent is 37)
100.00.
A) True B) False

38) The percent 1.02% written as a decimal would be 0.0102. 38)


A) True B)
False

3
39) 1.75% equals 1 %. 39)
4
A) True B)
False

Identify the rate, base, and portion.


40) 8% of 99 is what 40)
number? B) rate (%) = unknown
A) rate (%) = 8% number base (of) = 99
base (of) = 99 portion (is) =
portion (is) = unknown 8% D) rate (%) =
number 8%
C) rate (%) = 99% base (of) = unknown
base (of) = 8 number portion (is) = 99
portion (is) = unknown
number

41) 64% of what number is 41)


57? B) rate (%) = 57%
A) rate (%) = 64% base (of) = 64
base (of) = unknown portion (is) = unknown
number number
portion (is) = 57 D) rate (%) = 64%
C) rate (%) = unknown base (of) = 57
number base (of) = 64 portion (is) = unknown
portion (is) = 57% number

42) What percent of 27 is C (


7? ) %
A) rate (%) = 7% r )
base (of) = unknown number a =
portion (is) = 27 t 7
e %
6
base (of) = 27 42)
portion (is) = unknown B) rate (%) = unknown
number number base (of) = 7
portion (is) = 27%
D) rate (%) = unknown
number
base (of) = 27
portion (is) = 7

7
43) 43% of what number is 43)
60? B) rate (%) = 60%
A) rate (%) = 43% base (of) = unknown
base (of) = 60 number
portion (is) = unknown portion (is) = 43
number D) rate (%) = unknown
C) rate (%) = 43% number base (of) = 60
base (of) = unknown portion (is) = 43%
number portion (is) = 60

Provide an appropriate response.


44) The Rate is usually written as a decimal or fraction but rarely as a 44)
percent.
A) True B) False

45) The Base is the total or original amount. 45)


A) True B)
False

46) The Percentage can refer to the partial amount or portion of the 46)
rate.
A) True B) False

47) When looking at the problem "63% of 75 is what number?" the base is 47)
unknown.
A) True B) False

48) When looking at the problem "32 is 16% of what number?" 32 is the 48)
percentage.
A) True B) False

49) The is usually written as a percent, decimal, or fraction. 49)


A) rate B) percentage C) equation D)
base

50) The is the total or original amount. 50)


A) B) rate C) equation D) base
percentage
51) The can refer to the partial amount or portion of the base. 51)
A) rate B) percentage C) base D)
equation

52) A formula expresses: 52)


A) known quantities B) a relationship among quantities
C) a percentage less than 100 D) a portion relationship greater than
100

1 1
53) Sonja wants to save of her weekly salary of $540. In this example, 53)
represents:
8
10 10
A) base B) portion
C) a fraction, so it cannot equal anything D) rate
Use the appropriate form of the percentage formula. Round division to the nearest hundredth if
necessary. 54)
54) Find P if R = 75% and B = 200.
A) 15 B) 150 C) 1500 D)
1.5

55) Find 30% of 1400. 55)


A) 420 B) 42 C) 42,000 D)
4200

9
1
56) What number is 3 % of 77? 56)
5
A) 246 B) 0.02 C) 2.46 D)
24.6

57) What number is 175% of 32 ? 57)


A) 560 B) 5600 C) 5.6 D)
56

1
58) Find B if P = 99 and R = 5 %. 58)
2
A) 1800 B) 5.45 C) 18,000 D)
180

59) Find R if P = 16 and B = 32. 59)


A) 51% B) 2% C) 3% D)
50%

60) 175% of 4 is what number? 60)


A) 0.7 B) 700 C) 70 D)
7

61) What percent of 135 is 86.4? 61)


A) 640% B) 0.64% C) 6.4% D)
64%

62) 0.69% of what number is 73 62)


A) 95 B) 10,579.71 C) 0.95 D)
105,797.1

Solve the problem.


63) Bathing suits are often on sale in July. The regular price of one suit is $36. With a 20% 63)
discount,
how much is saved?
A) $27.80 B) $29.80 C) $28.80 D)
$7.20

64) In one country, it is estimated that in the year 2050, 4% of the population will be over 70. If 64)
the
population of this country in 2050 is 380 million, how many people will be over 70?
A) 15.20 million B) 11.40 million C) 152.00 million D) 19.00
million

65) On a test, Manuel answered incorrectly 76 questions or 38% of the questions. How 65)
many
questions were on the test?
A) 200 B) 50 C) 0.5 D) 2000

66) Matthew has $3300 invested in the stock market. This amounts to 10% of his total savings. A
How )
much has Matthew saved? $
10
33,000 B) $330,000 C) $33,010 D) $33,100 66)

67) In a clinical study, 16 of the 800 subjects receiving a migraine medication developed side 67)
effects.
What percentage developed side effects?
A) 1% B) 4% C) 12% D) 2%

68) The enrollment at a community college is 52% males. If the total enrollment is 3720 students, 68)
how
many females are enrolled? Round to the nearest whole number.
A) 1934 females B) 1786 females C) 1836 females D) 1903
females

11
69) A kitchen table costs $300. The tax is $6.00. What is the tax rate? 69)
A) 0.2% B) 4% C) 2% D)
3%

Provide an appropriate response.


70) The Mazzie's corporate office employs 580 workers. On Tuesday 29 employees called in sick. 70)
5%
of the employees were not at work on Tuesday.
A) True B) False

71) Bell's Amusement Park expected 12,000 guests on July 4. By noon 1500 guests were 71)
already
present. The percent of expected guests already in the park was 12%.
A) True B) False

72) If 60% of the 450 students at Central 9th Grade Center purchased spring photographs, how 72)
many
students did not purchase the photographs? The percentage is the unknown value.
A) True B) False

73) 88% of the Algebra I students passed the end-of-instruction test. If 220 students passed the 73)
test, there were 260 students in Algebra I.
A) True B) False

74) The percentage can never be larger than the base. 74)
A) True B)
False

75) When solving percentage problems, the portion: 75)


A) is smaller than the base when the rate is larger than
100%
B) is larger than the base when the rate is less than 100%
C) can be larger than the base
D) can never be larger than the base

Solve the problem.


76) A number increased from 2553 to 5955 . Find the amount of increase. 76)
A) 3396 B) 3296 C) 3402 D)
5402

77) A number decreased from 845 to 492 Find the amount of decrease. 77)
A) 392 B) 1198 C) 353 D)
486

78) Find the amount of increase if 200 is increased by 5% . 78)


A) 10 B) 0.1 C) 1 D)
100

79) Find the amount of decrease if 600 is decreased by 10%. 79)


A) 0.6 B) 600 C) 6 D)
60

12
80) A union contract calls for a 6.9% salary raise for all employees. Determine the raise for a 80)
worker
who is currently making $27,990. Round to the nearest cent if necessary.
A) $29,921.31 B) $1931.31 C) $26,058.69 D) $19,313.10

13
81) The Tragord family learned that their investments decreased in value by 13% over the last year. 81)
If the investments were worth $100,000 at the beginning of the year, how much (in dollars) did
they lose over the last year?
A) $130 B) $7692 C) $1300 D) $13,000

Provide an appropriate response.


82) Al received a promotion at work. His salary was $39,500. His new salary was $59,000. Al's 82)
salary
increase was $19,500.
A) True B) False

83) Keisha has been watching a leather coat at the mall. The original price was $379.95. It 83)
went on
sale yesterday for $265.96. The coat was reduced $113.99.
A) True B) False

84) Stormy received a 5.4% pay increase. Her original hourly wage was $8.19. Her new hourly 84)
wage
is $8.65.
A) True B) False

85) If the original price for an item was $5.50 and it increased by 100%, the new price is 85)
$12.00.
A) True B) False

86) Tammy weighs 165 pounds and wants to lose 25% of her body weight. Her goal is to 86)
lose 50
pounds.
A) True B) False

87) A 100% price increase means that the price . 87)


A) doesn't change B)
doubles
C) increases by half the original price. D)
triples

88) When finding the amount of change in percentage problems, the percent is always based 88)
on:
A) the final or ending amount
B) the final or ending amount in decrease problems
C) the original or beginning amount for increase problems
D) the original or beginning amount

Solve the problem.


89) If 600 is decreased by 14%, what is the new amount? 89)
A) 684 B) 84 C) 516 D)
586

90) If 3100 is increased by 12%, what is the new amount? 90)


A) 3472 B) 3112 C) 372 D)
6820

14
91) Jeff earns $328 per day. If his salary is raised by 3%, how much will he make per day? 91)
A) $341.12 B) $334.56 C) $337.84 D)
$426.40

92) Sarah bought some jewelry that originally cost $433 and was advertised at 10% off. What was 92)
the
sale price of the jewelry?
A) $411.35 B) $394.03 C) $389.70 D)
$43.30

15
Provide an appropriate response.
93) Hillcrest Medical Center has a severe shortage of nurses. The hospital decided to give a hiring 93)
bonus of 25% of the annual average salary. The average salary for nurses was $34,000. The
hiring
bonus was $8,500.
A) True B) False

94) Stock prices for a company have increased 31% during the past three months. The current 94)
stock
price is $21/share. The price was $15/share 3 months ago.
A) True B) False

95) To find the new amount directly in percent problems: 95)


A) for increases: multiply (100% + rate of increase) ×
base
B) new amount = rate of new amount x original
amount
C) for decreases: multiply (100% - rate of increase) ×
base
D) all of these are correct

Solve the problem.


96) A number increased from 25 to 35. Find the percent of increase. 96)
A) 40% B) 28.6% C) 60% D)
10%

97) A number decreased from 50 to 44. Find the percent of decrease. 97)
A) 13.6% B) 13% C) 6% D)
12%

98) A number is decreased by 6.5% to 2618. What is the original amount? 98)
A) 2448 B) 2579 C) 2788 D)
2800

99) A number is increased by 18% to 873. Find the original amount. Round to the nearest 99)
hundredth.
A) 1030.14 B) 839.83 C) 873.00 D)
739.83

100) Sales of frozen pizza for a club fund-raiser increased from 500 one year to 610 the next year. 100)
What was the percent of increase?
A) 18% B) 78% C) 82% D) 22%

101) After receiving a drop in price of 12.5% on its bulk order of printer cartridges, John's Office 101)
Supply
pays
$6825. What was the original price of the order?
A) $7678 B) $6313 C) $5972 D)
$7800

Provide an appropriate response. 102) A


bi
16
g-box store advertised dehumidifiers for 30% off the MSRP. The sale price is $139.00. The
original price was $198.57. 102)
A) True B) False

103) Finch Bird Supplies reported sales of $12,315.00 last month and sales of $16,750.00 this 103)
month.
Sales increased 36%.
A) True B) False

104) The listed price for a house was $259,900. The actual sales price was $244,000. This 104)
represented a
5% decrease in price.
A) True B) False

17
105) When comparing two figures representing monthly production outputs for a local 105)
factory, to compute the percentage change you would:
A) need to know which figure was the largest
B) divide the smaller figure by the larger figure
C) need to know which figure represented the earlier month
D) divide the larger figure by the smaller figure

106) To find the rate in increase or decrease problems: 106)


A) divide the larger figure by the smaller figure
B) divide the amount of change by the larger
amount
C) divide the amount of change by the original
amount
D) divide the amount of change by the rate of
change

10
Answer Key
Testname: UNTITLED26

1) C
2) A
3) A
4) D
5) C
6) B
7) C
8) C
9) C
10) C
11) D
12) C
13) C
14) B
15) B
16) B
17) A
18) B
19) B
20) A
21) B
22) A
23) A
24) C
25) D
26) D
27) D
28) B
29) B
30) A
31) D
32) C
33) D
34) D
35) D
36) A
37) B
38) A
39) A
40) A
41) A
42) D
43) C
44) B
45) A
46) B
47) B
48) A
49) A
50) D

11
Answer Key
Testname: UNTITLED26

51) B
52) B
53) D
54) B
55) A
56) C
57) D
58) A
59) D
60) D
61) D
62) B
63) D
64) A
65) A
66) A
67) D
68) B
69) C
70) A
71) B
72) A
73) B
74) B
75) C
76) C
77) C
78) A
79) D
80) B
81) D
82) A
83) A
84) B
85) B
86) B
87) B
88) D
89) C
90) A
91) C
92) C
93) A
94) B
95) D
96) A
97) D
98) D
99) D
100) D

12
Answer Key
Testname: UNTITLED26

101) D
102) A
103) A
104) B
105) C
106) C

13

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