1. When writing an equation, unknown quantities are represented by: a. letters b. parentheses c. symbols d. numbers Q2. Any statement that uses an equal sign is called a(n): a. symbol b. equation c. unknown quantity d. variable Q3. An equation is: a. a mathematical expression of equality b. an expression of a mathematical inequality c. a mathematical expression of constants d. a mathematical unknown Q4. Using the equation: I=E/R; Given: I = 10 and E=5; What does R equal? a. 0.5 b. 5.0 c. 1.5 d. 5.1 e. 10 Q5. If an equation indicates addition in its presentation, in order to solve for the unknown you must: a. add b. subtract c. multiply d. divide Q6. To solve an equation means to find the: a. unknown amount b. known quantities c. parenthetic value d. symbolic amount Q7. In the equation 3N + 4N - 2 = 19, N equals a. 7 b. 2 c. 3 d. 1 e. none of the above Q8. What is the value of C if C - 16 = 18? a. 34 b. 16 c. 1.16 d. 18 e. none of the above Q9. Notebooks cost $15.00 per carton and legal pads cost $7.50 per carton. If an order for notebooks comes in that totals $900.00, how many cartons of notebooks does the order require? a. 240 b. 30 c. 60 d. 120 Q10. In the equation 3N * 4N = 24N, N equals a. 7 b. 2 c. 3 d. 1 e. 0 Q11. Mickey Sheen scored 38 out of 40 on his math exam. He made __________. a. 38% b. 95% c. 90% d. 85% e. none of the above Q12. 0.007 written as a percent would be __________. a. 70% b. 7% c. 0.07% d. 0.7% e. none of the above Q13. A 50% decrease would be written as __________. a. -0.05 b. -5.0 c. +50.0 d. -0.50 e. none of the above Q14. 1% written as a decimal is __________. a. 1.0 b. 10.0 c. 0.01 d. 0.10 e. none of the above Q15. The __________ is usually written as a percent, decimal, or fraction. a. percentage b. equation c. rate d. base e. none of the above Q16. Stormy makes $8.65 per hour after receiving a 5.4% raise. What was her hourly wage before the raise? a. $8.22 b. $8.20 c. $8.21 d. $8.19 e. none of the above Q17. The Mazzie's Corporation employs 580 people in the corporate office. On Tuesday 5% of the employees called in sick. How many employees were at work on Tuesday? a. 551 b. 29 c. 609 d. 297 e. none of the above Q18. The __________ is the total or original amount. a. equation b. rate c. base d. percentage e. none of the above Q19. 1,500 increased by 9% equals __________. a. 1,653 b. 1,356 c. 1,563 d. 1,635 e. none of the above Q20. The __________ can refer to the partial amount or portion of the base. a. rate b. equation c. percentage d. base e. none of the above Q21. The mode of 35, 22, 43, 18, 22, 27, 48, 39, 31, and 16 is: a. 31 b. 30 c. 22 d. 29 Q22. The sum of all values divided by the number of values equals the: a. mean b. mode c. weighted mean d. median Q23. The mode of 17, 24, 24, 27, 29, 31, and 36 is: a. 26.86 b. 17 c. 19 d. 24 Q24. The middle value in a series of numbers arranged in order from smallest to largest is the: a. mode b. range c. mean d. median Q25. To find the ______ of a data set, we arrange the vales in order from the smallest to the largest or from the largest to the smallest and select the value in the middle. a. mean b. median c. mode d. weighted mean Q26. The median of 55, 93, 48, 53, 55, 93, 63, 80, 75, and 55 is: a. 45 b. 67 c. 55 d. 59 e. none of the above Q27. The mode of 210, 210, 105, 62, 43, and 146 is: a. 210 b. 125.5 c. 62 d. 105 Q28. The number that occurs most frequently in a series of numbers is called the: a. median b. mean c. range d. mode Q29. To find the ______ of a data set, we arrange the vales in order from the smallest to the largest or from the largest to the smallest and select the value in the middle. a. mean b. median c. mode d. weighted mean e. all of the above Q30. The median of 105, 108, 117, 122, 129, and 129 is: a. 117 b. 122 c. 129 d. 119.5 Q31. Most products follow a product flow that begins with a manufacturer and then goes: a. to a wholesaler, then to a retailer, and finally to the consumer. b. to a broker, then to a retailer, and finally to the consumer. c. to a retailer and then to the consumer. d. directly to the consumer. e. all of the above Q32. Most products follow a product flow that begins with a manufacturer and then goes: a. to a wholesaler,then to a retailer, and finally to the consumer. b. to a broker, then to a retailer, and finally to the consumer. c. to a retailer and then tothe consumer. d. directly to the consumer. Q33. The list price of a furnace is $2,468.00. The manufacturer offers a discount of 15%. The net price is: a. $209.78 b. $370.20 c. $2,097.80 d. $3,702.00 Q34. The amount of money a manufacturer deducts from a list price is called a: a. net price b. dealer price c. trade discount d. cash discount e. none of the above Q35. The amount of money a manufacturer deducts from a list price is called a: a. net price b. dealer price c. trade discount d. cash discount Q36. When a manufacturer offers a product for sale to a retailer, the amount deducted from the list price is called the: a. trade discount b. net price c. percent d. complement Q37. Eastco buys televisions from a manufacturer. The list price of a TV is $460.00 with a trade discount of 30 percent. The net price of a television is: a. $422.00 b. $322.00 c. $138.00 d. $233.00 Q38. Which one of the following months does not have 30 days? a. April b. February c. September d. June e. they all have 31 days Q39. To find the trade discount when the list price and single discount rate are given, use the following formula: a. base equals portion times rate b. net price times single discount rate c. trade discount times single discount rate d. list price times single discount rate Q40. The complement of 32 percent is: a. 53% b. 132% c. 86% d. 68%