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MATH ESSENTIALS FOR BUSINESS QUIZ
Almost every job in the workplace involves working with numbers at one time or another. How would you rate your math skills? We invite you to try our quiz below to find out how much you know.
Identify the correct answer by placing an (A,B,C, or D) in the answer box.
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| 1. |
The chart above represents a company's expense budget for one month. If $15,000 is budgeted for supplies in this month, how much is budgeted for salaries? |
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A) $5,250 |
B) $16,500 |
C) $20,250 |
D) $21,000 |
| 2. |
The value of a stock decreases from $80 per share to $60 per share. What is the percent of decrease in the value of the stock? |
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A) 20% |
B) 25% |
C) 33 1/3% |
D) 75% |
| 3. |
The price of a VCR, including a 5% sales tax, is $420. What is the price of the VCR before the sales tax is added? |
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A) $398 |
B) $399 |
C) $400 |
D) $401 |
| 4. |
Due to an increase in demand and a shortage in supply the price of gasoline triples. This represents what percent of increase in the price of gasoline? |
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A) 100% |
B) 200% |
C) 300% |
D) 400% |
| 5. |
In May, a real estate company reduces the original price of a house by 20%. In September, it reduces the new price of the house by an additional 10%. The price of the house in September is what percent lower than its original price? |
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A) 25% |
B) 28% |
C) 30% |
D) 35% |
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| 6. |
In the graph above, the percent of increase in company sales was greatest from |
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| A) Jan-Feb |
B) Feb-Mar |
C) Mar-Apr |
D) Apr-May | |
| ANSWERS: |
| 1) D |
2) B |
3) C |
4) B |
5) B |
6) A | |
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So? Now that you've completed the quiz, how would you rate your math skills? Could you benefit from a fun and entertaining math skills brush-up course? If so, our Math Essentials for Business seminar is just what the doctor ordered. |
Skill Masters Training, Inc.
3013 S. Wolf Road, #294
Westchester, IL 60154
Phone: (630)882-4047 Fax: (630) 882-4147
E-Mail: info@skillmasters.com
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