Deck 5: Fast Math

Question 1

A business has decided to resurface a floor section in their warehouse. The section is a square that measures 15 feet on one side. How much is the area that needs to be resurfaced?

A)30 square feet
B)60 square feet
C)215 square feet
D)225 square feet
E)250 square feet

Answer 1

225 square feet

Question 2

What is the maximum number of 2 ½ foot pieces of wire that can be cut from a wire that is 48 feet long?

A)11
B)18
C)19
D)21
E)23

Answer 2

19

Question 3

94% of Jim's income last year came from his salary. The rest came from awards his prize winning poodle won in dog shows. If he won $9,600 in dog shows, what was his total income?

A)$145,000
B)$160,000
C)$170,000
D)$120,000
E)$118,600

Answer 3

$160,000

Question 4

If the speed of a car is 200 km per hour, how may minutes does it take to travel 60 km?

A)3 1/3 hours
B)20 minutes
C)18 minutes
D)22 minutes
E)24 minutes

Question 5

1% is equal to 100 basis point. 44.5 percent is how many basis points greater than 34.5 percent?

A).1
B)10
C)100
D)1,000
E)10,000

Question 6

How long will it take for Ron's $37,353 investment to double if he expects 9% returns?

A)5 years
B)8 years
C)9 years
D)9)5 years
E)10 years

Question 7

An 8-year-old boy named Albert has a 10-year-old brother named Benny. Albert joins the service at 20 leaving Benny feeling bitter that he no longer has a brother to look up to. After 7 years, Benny is finally ready to make up with Albert who has been out of the service for 5 years. How old is John now?

A)27
B)15
C)25
D)32
E)23

Question 8

Kenneth receives a 6% commission on all of his real estate sales. Half of his commission goes to his broker. What is Kenneth's part of the commission on $250,000 in sales?

A)$6,666
B)$7,000
C)$7,100
D)$7,250
E)$7,500

Question 9

Andrew invested $960 in a new mutual fund. The shares in this fund were purchased at $6.00 each. How many shares did he buy?

A)120 shares
B)140 shares
C)150 shares
D)160 shares
E)172 shares

Question 10

3/5 of workers at a company have enrolled in the 403(b) program. If 24 workers have enrolled in the program, how many workers are employed at this company?

A)36 workers
B)40 workers
C)42 workers
D)44 workers
E)45 workers

Question 11

The wholesale price of a fountain pen is $2.80. What will the new price be if a 5% increase is instituted?

A)$2.84
B)$2.90
C)$2.94
D)$2.96
E)$2.97

Question 12

Betty invested $10,000 at the beginning of the year. At the end of the year, her investment was worth $12,000. Ronnie also invested in the same fund. At the beginning of the year, he invested $15,000. How much will his investment be worth at the end of the year?

A)$18,000
B)$20,000
C)$21,000
D)$19,500
E)$16,200

Question 13

Dottie's Chocolates produces boxes of 25 chocolate drops for selling. How many chocolate drops would Dottie need to make to fill 60 boxes?

A)1,575
B)1,225
C)1,400
D)1,500
E)1,525

Question 14

Alex runs a lemonade stand in the summertime. He averages $75 per week. How much will he make over the 12 weeks of his summer vacation?

A)$800
B)$844
C)$900
D)$924
E)$975

Question 15

Company A and Company B are awarded a $42,000 project that is to be divided between the companies in the ratio of 4:3. How much money should each company receive?

A)Company A gets $24,000 and Company B gets $18,000.
B)Company A gets $23,000 and Company B gets $19,000.
C)Company A gets $28,000 and Company B gets $14,000.
D)Company A gets $30,000 and Company B gets $12,000.

Question 16

In initial production of a new video game, it is discovered that the ratio of functional games to defective games is 20 to 1. If 360 games are produced, how many could be expected to be defective?

A)12 games
B)15 games
C)16 games
D)18 games
E)20 games

Question 17

A video store is offering a 7% discount on previously viewed videos. If the regular price of a video is $9.99, how much will the discount be?

A)63 cents
B)70 cents
C)74 cents
D)77 cents
E)80 cents

Question 18

In July 2009, unemployment in Michigan reached 15%. The number of workers was 4,900,000. Approximately how many were unemployed?

A)735,000
B)745,000
C)710,000
D)718,000
E)751,000

Question 19

A department store sells sweaters for $90. During a promotion, the sweaters are marked down 15%. What is the sale price of the sweaters?

A)$75.00
B)$76.50
C)$77.67
D)$78.14
E)$76.02

Question 20

Kathleen projects her expenditures for purchasing office supplies to be $85/week. How much will she spend on office supplies over a 4-week time span?

A)$290
B)$325
C)$340
D)$355
E)$342

Question 21

Roger buys a 35 x 35 foot lot to source rocks for his pet rock project. How many square feet did he buy?

A)1,325
B)1,225
C)1,275
D)905
E)1,185

Question 22

Lance's bike team has 11 riders. They will each bike 83 miles in the race. How many miles will they bike?

A)913
B)917
C)922
D)931
E)934

Question 23

Brian is opening a small sporting goods store. After considering her market, she sets her initial sales goal at $32,000 a month. He knows that the rent for his store should be about 8% of sales. Approximately what should he plan to pay for rent, based on the sales figure given?

A)$2,400
B)$2,560
C)$3,200
D)$3,260
E)$3,305

Question 24

Greg's Golf Shop hires teenagers to collect lost golf balls from the city's golf courses. The golf balls are then packaged in boxes of a dozen for reselling. This summer, the workers collected 2,244 golf balls. After repackaging, how many golf balls will be left over?

A)2 golf balls
B)3 golf balls
C)4 golf balls
D)6 golf balls
E)No golf balls will be left over

Question 25

Sawyer's Pet Store has averaged a net profit of $2,500 for the past 11 weeks. What is the total net profit over this length of time?

A)$26,000
B)$27,500
C)$27,900
D)$28,000
E)$29,300

Question 26

Seven/Twelve has $4 million in sales over the past week. What were the approximate sales per day?

A)$589,000
B)$571,000
C)$518,200
D)$552,000
E)$578,750

Question 27

A small firm allocates 28% of its gross profits into an account for insurance. Last year, the firm's gross profit was $400,000. What amount was deposited into the insurance account?

A)$100,000
B)$108,000
C)$109,500
D)$112,000
E)$128,000

Question 28

A car that regularly sells for $29,600 has been marked down to $22,100. What is the approximate percentage of the discount?

A)20%
B)22%
C)25%
D)30%
E)33%

Question 29

The population of the town of Homeville increased by approximately 0.5% last year. If the population at the beginning of the year was 2,460, what was the approximate population by the end of the year?

A)2,472
B)2,960
C)2,465
D)2,510

Question 30

Olivia has $5,000 to invest. She invests in a fund at 4% interest. How long will it take for her money to double?

A)10 years
B)12 years
C)15 years
D)18 years
E)20 years

Question 31

Shane's Softball Production Company can produce 12 softballs in an hour. How many softballs can they produce in 14 hours?

A)154
B)160
C)168
D)172
E)188

Question 32

Last year, Smith's Auto Shop made gross revenue of $460,000. This year, their gross revenue increased significantly - by an amazing 25%. What was the gross revenue this year?

A)$525,000
B)$550,000
C)$560,000
D)$575,000
E)$585,000

Question 33

What is 2/9?

A).17
B).19
C).1818
D).2222
E).235

Question 34

A man buys a piece of land at auction which is 256 feet by 10 yards. How many acres did he buy? There are 43,560 feet in an acre.

A).059 acres
B).59 acres
C)1.76 acres
D).0176 acres
E).176 acres

Question 35

Every five minutes a baby is born in the Nigindia. How many babies are born in a year?

A)150,120
B)105,120
C)100,510
D)300,450
E)103,555

Question 36

What is 5/6?

A).8
B).8444
C).8333
D).825
E).875

Question 37

What is 1/11?

A).095
B).0909
C).0888
D).9414
E).142857

Question 38

It is sunny on 83% of the 120 days Silver Slides Waterpark is open on average. How many days will Silver Slides be open this summer?

A)100
B)102
C)98
D)99
E)92

Question 39

When formulating answers to market-sizing questions, what's one of the best strategies to keep in mind?

A)Be sure to use exact numbers at all times.
B)Go slow and be as methodical as possible.
C)Estimate and round numbers whenever possible.
D)Pick odd numbers that aren't related to each other in any way.

Question 40

What is 3/8s?

A).36
B).38
C).375
D).3833
E).365

Question 41

What is the ratio of 8 feet to 28 inches?

A)2:7
B)7:24
C)24:7
D)7:2
E)5:3