OWare- Consumer Math 10. Consumer Math Review

One of the objectives in this lesson is to convert weight from pounds to ounces.

False

In a state where the sales tax is 5%, Gerald buys a chair for $89.95 and a couch for $257.00. How much sales tax does he pay on the items?

$17.35

Your service contract for washer repair maintenance is offered at $48 per year. If a customer wants to pay it off in equal monthly installments for one year and if the true annual interest charge is 18%, what should his monthly payment be?

$4.39

Considering only comparable fare classifications, which classifications offer the greatest percentage difference between air travel and ship travel? Travel Type Sample Round-Trip Fares from New York to London First-Class Air Fare$754.30 First-Class Ship Fare$775.20 Regular Economy Air Fare$440.80 Tourist Class Ship Fare$408.00 Peak Season Economy Air Fare$526.30 Peak Season Tourist Class Ship Fare$470.2514- to 21-Day Excursion Air Fare$331.0030-Day Excursion Ship Fare$345.95Charter Group (25 Persons or More) Air Fare$331.00Charter Group (25 Persons or More) Ship Fare$306.00

32.80 7.4 56.05 10.6 25.00 7.6 7.4

Convert 550 grains to grams.

35.64

What was the percentage increase or decrease in fatal accidents per 100,000 aircraft hours between 1960 and 1970? Calculate the percentage and place then choose increase or decrease.

39.5 decrease

A mahogany desk with a cash price of $810 is offered on the installment plan at $50 down and $58 per month for 15 months. What is the total cost of the desk?

$920

From the following information, determine operating cost per mile. Choose the right answer. Cost of car = $5,000.00 Market value after 1 year = $3,800 Cost of gas and oil = $750.00 Repairs/Maintenance = $250.00 Insurance = $300.00 Miles driven = 17,500

.14

The account balance on April 1st is $60.15. On April 15th a payment of $51.00 is made. On April 25th a purchase of $91.27 is made. What is the finance charge if the annual rate is 18%? What is the new account balance? (Use the unpaid balance method.)

0.14 100.56

How many grams are in 40 hectograms?

4,000

Name: Joseph Sandoval, single, 1 exemption. Pay Rate: 5¢ per unit Unit produced: M-900, T-840, W-825, T-905, F-910

4380 219 15.44 37.10 6.13 58.67 160.33

40,000 ft.2 to hectares (1 hectare = 10,000 m²)

1.22 (wrong)

1,500 cm3 to quarts (liquid).

1.59

Find the altitude of a triangle whose area is 100 cm2 and whose base is 20 cm.

10

Use the formula to solve the problems. P(1+r)t The amount that results when $6,000 is compounded at 7% annually over eight years. The interest earned in this case.

10,309.12 4,309.12

Suppose John Farmer is at fault in an accident. In this accident, Bob Brownlee and his wife and daughter are injured. Bob's medical expenses come to $11,000. Mrs. Brownlee's medical expenses total $9,000. The daughter, less seriously injured, has a medical bill of $2,500. John had insurance in the amount of 10/20.

10000 10000 2500

What is the premium for $50-deductible collision insurance for a compact car of the current year, with a driver in Class 1?

106

Payments of $27.50 are made monthly for a period of 36 months, and the amount financed is $835. What is the APR using the formula above?

12.0

The garage you work for as an auto mechanic measures 230 ft. by 150 ft and handles 69 cars. Using the existing garage as a model, how much space would you plan to have in your garage?

12000

Convert 6,000 grams to pounds.

13.22

16 liters to quarts (dry measure)

17.621 (wrong)

The school's total attendance is 449, there are 81 present in math class, what percent of the total attendance is the attendance in the math class (to the nearest tenth)?

18%

The Smiths want to buy a 9 ft. by 12 ft. carpet and center it in a 15 ft. by 20 ft. room. What is the area of the room not covered by the carpet?

192

From the following information, determine the number of miles driven. Choose the right answer. Gas and oil costs = $1,000.00 Repair/Maintenance = $800.00 Operating cost per mile = $0.085

21,176

Solve the mathematical puzzle. Determine the digits of R from these clues. The first digit is the answer when the third digit is divided by 2. The second and third digits add to 7. The second digit minus the first digit is 1. R is a three-digit number: ____

234

What was the percentage decrease in the Number of Accidents between 1950 and 1976?

25.9

Determine the number of cement blocks needed to put up a wall measuring 20 meters in length and 2.5 meters in height. Each block is 10 cm x 20 cm.

2500

10 mi.2 to hectares

2590

From the following information, determine the average yearly depreciation. Choose the right answer. Cost of used car = $3,000.00 Years driven = 6 Trade-in value =$1,250.00

291.67

How many milliliters are in 3 liters?

3,000

Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an installment loan to complete the purchase. He makes 12 payments which include his principal and a $60.00 finance charge. What is the APR on his loan to the nearest tenth?

472.46 532.44 44.37 532.44 12.7

Use the formula to solve the problems. P(1+r)t The amount that results when $3,000 is compounded at 7% annually over eight years. The interest earned in this case

5154.56 2154.56

Apply the appropriate mathematical operation to solve this ratio problem. The recommended protein in grams is numerically equal to the person's weight in kilograms. Weight of adult = 145 lb. Recommended protein =

65.25

The "rise" is 525 feet.If the scale on the map showed the "run" on the west side is 800 feet. The grade on the west side would be ___ The rise on the east side will still be 525 feet. But, the scale shows the run is 1300 feet. The grade on the east side would be ___

66 40

The largest prime factor of thirty-five is _____.

7

Find the cost of the article. Retail price of article = $555 Percentage of markup (on cost) = 35% Cost of article = _____.

749.25 (wrong)

Susan's property is assessed at $27,500. The property tax rate in her city is 3.25%. Find her property tax.

893.75

A traveler has $100 in United States bills and wishes to convert them to Argentine pesos. The traveler checks a newspaper for the exchange rate and finds the figure "900.50" under "Dollar in Foreign Currency." At that rate he would receive

90,050

Of the 103 people enrolled in mathematics class, 91% are present. How many are present?

94

What was the percentage increase or decrease in airline fatality rates between 1950 and 1975? Calculate the percentage and then choose increase or decrease.

96.2 decrease

At the end of the year, the employee will receive a statement, called a ___ Form, showing his total earnings and the total federal income tax deducted.

W-2

Choose three types of taxes local governments may impose.

sales tax personal property estate tax

The charge for borrowing money is called interest.

true

How many meters are in 100 millimeters?

0.1

1. demand for product 2. example of fixed cost 3. sales receipts 4. credit discount 5. example of variable cost 6. moves slow-moving goods 7. business upturn 8. used for business expansion 9. depends on prime rate 10. assures profit on item sold

1. buyer's willingness to pay 2. rent 3. revenue 4. 2/10, net 30 5. workers' wages 6. markdown 7. recovery 8. credit 9. interest rate 10. markup

How many liters will a quart (dry measure) hold?

1.101

You wish to paint a storage shed. Its four walls measure 5 ft. high and 8 ft. wide each. If one gallon of paint covers 160 sq. ft., how many gallons of paint will you need? Gallons of paint required = _____.

2 (wrong)

Wellesville must meet a budget of $27,000. All of the city's income is derived from property tax. What rate of tax must they use if the assessed value of the taxable property is $1,173,913? (Answer to tenths)

2.3%

Mary Levi salary, $614.89, 2 exemptions. ___ Jacob Mann, salary $359.50, no exemptions. ___ Ruth Smith, salary $708.75, 1 exemption. ___

20.81 18.91 28.46

On the following checking account record, enter the figures and add or subtract them to keep the running total correct.

200.39 143.39 519.44 482.05 114.57

A circle has a radius of 8 cm. What is its area?

201.0

Calculate the profit or loss of a dentist who collected $53,000 in fees and had the following expenses: Salaries (2 nurses and a secretary)$32,000 Rent$7,500 Supplies$3,500 Miscellaneous$2,750 Profit (or loss)

7250

John Myers had $49,000 in taxable income. He figured his tax from the tax schedule: Found his earned income level. Entered the base amount = $4,386 Found the amount over $31,850 = ___ Multiplied line 3 by 25% = ___ Added Lines 2 and 4 =

N/A

What is the total amount and the amount of interest earned on $6,500 at 6% for 25 years?

N/A

The problems in this lesson review several basic concepts.

True

500 seconds equal how many giga seconds?

0.000005 (wrong)

A firm determines its profit by subtracting ___ from ___

total cost revenue

One of the objectives in this lesson to calculate discount and markup percentages.

true

One of the objectives of this lesson is to calculate slope.

true

The APR can be used to compare different loans.

true

Use the following figures to find out if an error exists either in the bank's balance or the customer's record book. The ending balance on the statement is $378.19. Three checks are outstanding: #5104 for $30.90; #5123 for $17.50; and #5124 for $98.10. A deposit of $309.00 has not yet been credited. A service charge of $4.21 has been made. The balance in the record book is $544.90. Does an error exist?

yes

Compute the markup for the following problem. Cost of article = $195 Retail price = $225 Percentage of markup (to the nearest tenth)= _____.

15.4

Amy deposits $150.00 on 03-02. She withdraws $85.05 on 03-15. She withdraws $93.52 on 03-30. She deposits $315.00 on 04-01.

150.00 782.20 85.05 697.2? 93.52 603.6 315.00 918.65

Tim Worker is checking his earnings statement. His weekly earnings are $520.00. If he claims two exemptions, how much tax is withheld?

16.48

Tim Walker went to his bank. He deposited $47.75 and the teller credited $2.79 to his account for interest. If Tim's initial balance was $226.85, what will his new balance be?

$277.39

If a man intakes 75 g of protein daily, his recommended intake, how much does he weigh in pounds? Weight in pounds (to the nearest pound)

165 (wrong)

Convert 75 kilograms to pounds.

165.34

Find the retail price. List price of article = $2,150 Percentage discount = 18% Retail price = _____.

1,763

1. symbol with three parts: a horizontal bar, a whole number above the bar, and a whole number below the bar 2. number with a value less than 1, written in place value notation, using a decimal point 3. of a fraction, the number above the horizontal bar 4. of a fraction, the number below the horizontal bar 5. number with a whole number part and a fraction part 6. per hundred; out of every hundred; hundredths 7. fraction with a numerator greater than its denominator, giving it a value greater than 1

1. 2. 3. 4. 5. 6. 7.

Jim Tree borrowed $1,000 at 10 percent for one year. He paid a $45 processing fee and $100 in interest. He calculated the APR to the nearest tenth. What was the APR?

10.6 (wrong)

Fill in the missing amounts

1125 200 450 200 675 1525

Individuals of the same approximate weight running 6 mph or 1 mile every ten minutes have a calorie use factor of 62% of their weight; i.e., calories burned = (weight)(0.62). If they run an 8-minute mile, the factor is 65%. A man weighs 180 lb. He jogs a mile in 8 minutes. How many calories has he used up?

117

An alloy of tin is 14% tin and weighs 22 pounds. A second alloy is 9% tin. How much of the second alloy must be added to the first alloy to get a 12% mixture.

14.67

Compute the following costs of services problem. Total cost of job = $147.51 Duration of job = 5 hours Price of parts = $32.50 Overhead rate = 55% Hourly labor rate = _____.

14.84

Answer the following food service question. Size of #10 tomato juice can = 115 oz. Size of individual portion = 7 oz. Number of portions served = 275 How many #10 cans are needed?

17

An item costs $42.28. All you have in cash are three $20 bills. How much change should you receive in the transaction?

17.72

Answer the following food service question. Meat served = chicken Serving size = 6 oz. Pounds of chicken available = 66 Number of servings = ______.

176

Compute the following costs of services problem. Hourly rate of labor = $12.00 Duration of job = 3 1/2 hours Overhead rate = 66 2/3% Price of parts = $112.50 Find total cost of job = _____.

182.50

Type the price per unit in blanks a and b, and choose the best buy. Tomato juice, 48 oz. can for $2.49 would = ___ cents per oz. Tomato juice, 6-pack of 10 oz. cans for $3.99 would = ___ cents per oz. The best buy would be: ___

19.2 (wrong) 15 (wrong) b

If a line segment measures 60 centimeters, what is its measurement in inches?

23.62

Write the equivalent values in the blanks provided in the following chart. Round percents to one decimal place. Round decimals to 3 places. You will not use all of the answers.

25 .25 44.4 0.44 0.45 9/20 140 5/7

40 in.2 to cm2

258

The weather bureau reported a total rainfall of 30.93 inches. If it rained 1.02 inches one month and 3.6 inches a second month, how many inches fell during the other months?

26.31

Choose the correct answers for (a) the total installment price, (b) the carrying charges, and (c) the number of months needed to save the money at the monthly rate to buy the item for its cash price. A dinette table with a cash price of $200 at $8.50 down and $11.00 per month for 24 months.

272.50 72.50 18

300 centimeters to yards.

3.28

Mrs. Lapp gives each of 6 children 1/8 of a cake. How much of the cake does she give them in all?

3/4

On the following checking account record, enter the figures and add or subtract them to keep the running total correct.

334.84 319.90 596.40 376.47 299.63

Keith Jones purchased a $50,000 policy. At the tenth anniversary what would be the cash value of his policy?

4,450

15,000 feet to kilometers.

4.57

Name: Sally Jonas, single, 2 exemptions. Pay Rate: $4.95 per hour Hours Worked: M-8, T-7, W-8, T-10, F-8

41 202.95 15.52 31.90 6.09 2.23 55.74 147.21

George studied 1/4 hour on Monday and 3/8 hour on Tuesday. How long did he study altogether on both days?

5/8

Enter the following figures on the checking-account record and add or subtract them to keep the running total correct. Balance forward $634.27 Check #5734 to Lupe's Market, for food, for $78.21 ___ Deposit of $431.80, a paycheck ___ Check #5735 to Broadmoor Community Center in the amount of $43.18 ___ Check #5736 to Bill Baughman, for plumbing services, for $50.00 ___

556.06 987.86 944.68 894.68

A certain car costs $6,595 before taxes are added. Taxes are $460 and license tags cost $55. What is the overall tax rate (to the nearest tenth)?

7.0

Apply the appropriate mathematical operation to solve this fulcrum problem. Weight 1 = 150 lb Weight 2 = 300 lb. d1 = 15 ft.

7.5

Work the following problem. List price = $720 Discount rate = 13% Amount of discount =

93.60

One of the objectives for this lesson is to calculate simple and compound interest for a checking account.

false

One of the objectives for this lesson is to calculate taxes using a calculator.

false

The finance charge you will pay in dollars is the only thing you need to know about a loan.

false

The problems in this lesson review basic arithmetic skills.

false

The purpose of this unit has been to review your understanding of new math concepts.

false

Which of the following are metric measurements?

kilowatt liter kilogram meter