Mathematics for Business and Personal Finance

Chapter 17: Services

Practice Tests

1
Wild Pets Unlimited rents a building with floor space measuring 90 feet by 110 feet. The annual rent is $7.50 per square foot. To the nearest dollar, what is Wild Pets' monthly rental charge?
A)$1,500.00
B)$6,187.50
C)$9,900.00
D)$74,250.00
2
Gloria's Kitchen rents a portion of a building with floor space of 50 feet by 60 feet. Her annual rent is $8.50 per square foot. To the nearest dollar, what is Gloria's monthly rental charge?
A)$212.50
B)$2,125.00
C)$2,550.00
D)$25,500.00
3
The Cabinet Shop rents a portion of a building owned by The Gerardo Company. The floor space of the Cabinet Shop's portion of the building measures 100 feet by 150 feet. The Cabinet Shop charges an annual rate of $11.50 per square foot. To the nearest dollar, what is the Cabinet Shop's monthly rental charge?
A)$1,725
B)$5,750
C)$14,375
D)$172,500
4
ALGEBRA The Deli is expanding to a nearby mall. The Deli's budget allows $4,500 per month to rent the needed 6,200 square foot of space. What is the maximum annual rate per square foot the Deli can pay?
A)$1.38
B)$7.46
C)$8.71
D)$16.53
5
Jefferson Attorneys hired 2 carpenters to remodel part of the office. The carpenters each earned $28.95 per hour. Each carpenter worked 42 hours. The materials charge was $7,540.90. Find the total charge.
A)$2,431.80
B)$5,109.10
C)$8,756.80
D)$9,972.70
6
The Doctor's Office hired Troy's Lawn Service to landscape its grounds. It took 3 people 8 hours each to mow, weed, prune, and plant. Each person is paid $16.00 per hour and the cost of the flowers and shrubs that were planted totaled $367.88. What was the total charge for the landscaping?
A)$367.88
B)$415.88
C)$495.88
D)$751.88
7
M & P Grocery opened a new location and hired 4 people to clean the store and stock the shelves. Each person worked three 8-hour days and is paid $11.00 per hour. In addition, $97.86 was spent on cleaning supplies. What was the total charge for the store opening?
A)$361.86
B)$1,056.00
C)$1,153.86
D)$1,349.58
8
Catalina Cabanas can rent a computer for $62 a month. The tax rate is 6%. They rent 6 computers for 4 months. Find the total rental charge.
A)$262.88
B)$788.64
C)$1,488.00
D)$1,577.28
9
The Natural Trail plans to rent some equipment for 3 days. The daily rental charges are: chainsaw, $65; chipper, $125; trimmer, $35. There is a flat fee of $50 for delivery and pickup of equipment. The equipment and delivery charges are subject to the 6% usage tax. Find the total rental cost.
A)$675.50
B)$715.50
C)$768.50
D)$874.50
10
To oversee a new mall being built, the corporate office rented an on-site trailer. The rental of the trailer was $300 a month. There were 3 desks at $40 per month each and 3 chairs at $20 per month each. A window air-conditioner was rented at $20 per month. What is the total cost of these rentals for 8 months?
A)$9,120.00
B)$4,000.00
C)$2,740.00
D)$940.00
11
ABC, a billing company, uses a service plan for two telephone lines. The $59.99 monthly service charge is for the two lines of service and 500 minutes of airtime are included. Additional airtime is $0.35 per minute. Last month, ABC used 716 minutes. A 3% federal excise tax is added to the bill. What is the total cost of its telephone service for the month?
A)$325.03
B)$319.91
C)$310.59
D)$139.66
12
Mile-High Marketing uses a service plan for two telephone lines. The $89.99 monthly service charge is for the two lines of service and 1,000 minutes of airtime are included. Additional airtime is $0.35 per minute. Last month, Mile-High Marketing used 1,248 minutes. A 3% federal excise tax is added to the bill. What is the total cost of its telephone service for the month?
A)$179.48
B)$182.09
C)$436.80
D)$453.18
13
Jones Surveying uses a service plan for two telephone lines. The $75.99 monthly service charge is for the two lines of service and 750 minutes of airtime are included. Additional airtime is $0.35 per minute. Last month, Jones used 1,150 minutes. A 3% federal excise tax is added to the bill. What is the total cost of its telephone service for the month?
A)$78.27
B)$222.47
C)$286.34
D)$492.84
14
ALGEBRA The Bomar Real Estate Company budgets $180 per month for telephone costs which includes the 3% federal excise tax. Bomar uses 1,200 to 1,750 minutes per month, so they signed up for a $52.00 plan, which includes one phone line. Each additional phone line costs $21.99 per month. In order to stay within budget, what is the maximum number of lines per month that Bomar Real Estate can use?
A)5
B)6
C)7
D)8
15
The Book Nook had a peak load of 100 kW of electricity during June. The demand charge is $5.42 per kW. The Book Nook used a total of 25,000 kW hours of electricity during the month. The energy charge for the first 1,000 kW is $0.052 per kW hour. The cost of the remaining kW hours is $0.032 per kW hour. The fuel adjustment charge for June is $0.0104 per kW hour. What is the total cost of electricity that The Book Nook used in June?
A)$1,300.00
B)$1,458.00
C)$1,355.00
D)$1,622.00
16
Ed's Appliances had a peak load of 200 kW of electricity during April. The demand charge is $5.22 per kW. Ed's Appliances used a total of 32,000 kW hours of electricity during the month. The energy charge for the first 1,000 kW is $0.047 per kW hour. The cost of the remaining kW hours is $0.031 per kW hour. The fuel adjustment charge for June is $0.0101 per kW hour. What is the total cost of electricity that Ed's Appliances used in June?
A)$2,437.20
B)$3,275.80
C)$3,381.50
D)$16,070.40
17
The Olive Branch had a peak load of 100 kW of electricity during May. The demand charge is $6.42 per kW. The Olive Branch used a total of 28,000 kW hours of electricity during the month. The energy charge for the first 1,000 kW is $0.062 per kW hour. The cost of the remaining kW hours is $0.042 per kW hour. The fuel adjustment charge for May is $0.0102 per kW hour. What is the total cost of electricity that The Olive Branch used in May?
A)$1,818.00
B)$2,046.30
C)$2,103.60
D)$2,123.60
18
An and Hanh Luong hired an attorney. Attorney fees charges are $175 per hour plus 20% of the settlement. The attorney worked 90 hours and the settlement was $375,000. Find the total fee.
A)$1,050
B)$4,950
C)$90,750
D)$102,900
19
The Doctor's Office plans to expand its number of practitioners and needs to construct an addition that will cost $97,000. The partners hired an architect who charges 5% of the total cost of the building. They also hired an attorney who worked a total of 10.5 hours at $100 per hour. What is the total cost of the professional services?
A)$1,050
B)$4,950
C)$5,900
D)$102,900
20
ALGEBRA Landscape designer Camila Delgado does not accept projects for less than a $12,000 fee. She charges $80 per hour plus 5% of the total cost of the project. How many hours would Camila need to work to generate $12,000 on a project costing $75,000?
A)80
B)105
C)120
D)126
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