Marketing Essentials

Unit 4: Skills for Marketing

Math Workout

1
Based on information from the U.S. Census Bureau for 2000, the US population, excluding members of the Armed Forces who are overseas, was two hundred and ninety-four million, four hundred and fifty-one thousand, nine hundred and eighty three. Which represents this number?
A)249,451,938
B)294,015,083
C)204,015,938
D)294,451,983
2
Your high-speed Internet service costs forty-nine dollars and ninety-nine cents a month, and the phone line costs twenty-five dollars and ninety-nine cents a month. How much do you spend per month for the two services?
A)$63.88
B)$75.98
C)$120.98
D)$24.00
3
Roses cost two dollars and fifteen cents each, and lilies are one dollar and fifty-nine cents each. How much will you pay for a bouquet of a dozen roses and half a dozen lilies?
A)$31.98
B)$21.74
C)$29.45
D)$35.34
4
Today you found the calculator that you want to buy on sale for the bargain price of twenty dollars. At other stores the calculator costs twenty-three dollars. Which could be used to determine the percent discount of the bargain calculator?
A)23/3 x 10
B)3/23 x 100
C)20/23 x 100
D)3/20 x 10
5
Your boss told you to spend all the money that is left in the expense account for the month on flash memory drives. If there is two hundred and thirty-nine dollars and twenty-two cents in the account, and each flash memory drive costs twenty-four dollars and ninety cents, how many can you buy? How much money will you have left over?
A)9 flash memory drives with $15.12 left
B)10 drives with $9.78 left
C)9 drives with $9.61 left
D)8 drives with $40.02 left
6
Five eighths of this year’s budget for your company was for employee salaries. What percentage of the budget is this?
A)1.6%
B).63%
C)62.5%
D)160%
7
Videos ‘N’ Stuff sells DVDs for $9.98 each. In January, the store sold 203 DVDs. If you were to use a calculator to figure out this problem but before doing so you estimated the answer in your head, which of the following would be an appropriate estimate?
A)$1,800
B)$2,500
C)$2,000
D)$1,000
8
Milk prices dropped by eight and a half percent from May to June, reflecting a surplus. If the price in May was $1.35 a gallon, what was the price in June?
A)$1.46
B)$1.24
C)$1.15
D)$1.55
9
Your boss has offered to pay for you to take a business class in the evening in order to build on your job skills. You have spoken with the professor for the class who tells you to expect about 120 pages of reading per night, five nights a week. Assuming that you read about 50 pages an hour, how many hours will you spend reading each week?
A)10 hours
B)20 hours
C)17 hours
D)12 hours
10
The bylaws for The Rockwell Coalition state that a quorum is representation of 51% or more of the member organizations. If The Coalition is made up of 48 organizations, how many member organizations need to be represented at a meeting in order for decisions to be made?
A)24 organizations
B)12 organizations
C)51 organizations
D)25 organizations
11
The financial planner for a company is researching the prices of different computer monitors because the company needs to buy 9 new monitors. She finds out that the type of monitor she is interested in buying costs $130. However, there is a discount of fifteen percent for buying 10. How much can she save if she takes advantage of the discount and buys an extra monitor?
A)$130
B)$65
C)$325
D)$111
12
The president of a company makes $123,000 a year. The five vice presidents do not all make the same salary because they have not all been with the company for the same amount of time. The salaries of the vice presidents are as follows: $84,000, $79,000, $77,000, $65,0000, and $61,000. What is the average salary of these six management positions?
A)$81,500
B)$73,200
C)$97,800
D)$78,166
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