Deck 4: Formulas and Problem Solving

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Question
The cross products of a proportion are equal to each other.
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Question
Solve the equation. 8x+7=9x8\frac { - 8 } { x + 7 } = \frac { - 9 } { x - 8 }

A) x = -125
B) x = -122
C) x = -127
D) x = -136
E) x = -128
Question
Solve the equation. n+7n=87\frac { n + 7 } { n } = \frac { 8 } { 7 }

A) n = 49
B) n = 54
C) n = 48
D) n = 51
Question
What is 6% of 22?

A) 1.32
B) 3.42
C) 1.29
D) 6.43
Question
Solve the equation. x+45x+36=6\frac { x + 4 } { 5 } - \frac { x + 3 } { 6 } = 6

A) x = 180
B) x = 171
C) x = 176
D) x = 170
Question
Change the fraction 725\frac { 7 } { 25 } to a percent.

A) 30%
B) 27%
C) 28%
D) 33%
Question
The equation 33x+1+1=44x3\frac { 3 } { 3 x + 1 } + 1 = \frac { 4 } { 4 x - 3 } is a proportion.
Question
18% of what number is 8.46?

A) 47
B) 41
C) 49
D) 52
Question
Jesse used 5 gallons of gasoline to drive 75 miles. How much gasoline will he need to travel 240 miles?

A) 18 gallons
B) 21 gallons
C) 16 gallons
D) 12 gallons
Question
Solve the equation. n104n=112\frac { n } { 104 - n } = \frac { 11 } { 2 }

A) n = 93
B) n = 90
C) n = 88
D) n = 87
Question
A percent is never greater than 100.
Question
A statement of inequality between two ratios is called a proportion.
Question
43.56 is what percent of 66?

A) 73%
B) 66%
C) 69%
D) 57%
E) 62%
Question
Solve the equation. 3x+8=4x8\frac { - 3 } { x + 8 } = \frac { - 4 } { x - 8 }

A) x = -51
B) x = -57
C) x = -54
D) x = -56
E) x = -65
Question
Solve the equation. x20=34\frac { x } { 20 } = \frac { 3 } { 4 }

A) x = 14
B) x = 15
C) x = 20
D) x = 17
Question
If the ratio of the width of a rectangle to its length is 45\frac { 4 } { 5 } and the length is 40 centimeters, find the width.

A) 34 cm
B) 28 cm
C) 32 cm
D) 37 cm
Question
On a certain map, 1 inch represents 15 miles. If two cities are 5 inches apart on the map, find the number of miles between the cities.

A) 77 mi
B) 65 mi
C) 75 mi
D) 80 mi
Question
Solve the equation. x93=x+64\frac { x - 9 } { 3 } = \frac { x + 6 } { 4 }

A) x = 54
B) x = 59
C) x = 53
D) x = 56
Question
Solve the equation. x4167=18\frac { x - 4 } { 16 } - 7 = \frac { 1 } { 8 }

A) x = 117
B) x = 120
C) x = 123
D) x = 118
Question
Solve the equation. h5h6=8\frac { h } { 5 } - \frac { h } { 6 } = 8

A) h = 239
B) h = 245
C) h = 242
D) h = 240
Question
If 20 pounds of fertilizer will cover 1,490 square feet of lawn, how many pounds are needed for 2,980 square feet?

A) 42 pounds
B) 40 pounds
C) 30 pounds
D) 45 pounds
Question
11% of what number is 5.39?
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
A saltwater solution is made by dissolving 5 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 28 gallons of water. <strong>A saltwater solution is made by dissolving 5 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 28 gallons of water.  </strong> A) 140 pounds B) 10 pounds C) 12 pounds D) 7 pounds <div style=padding-top: 35px>

A) 140 pounds
B) 10 pounds
C) 12 pounds
D) 7 pounds
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
20% of what number is 7.4?
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
A board 55 feet long is cut into two pieces whose lengths are in the ratio of 2 to 9. Find the lengths of the two pieces.

A) 10 feet, 45 feet
B) 15 feet, 40 feet
C) 9 feet, 46 feet
D) 7 feet, 48 feet
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
Change the fraction Change the fraction   to a percent.<div style=padding-top: 35px> to a percent.
Question
Solve the equation. Solve the equation.  <div style=padding-top: 35px>
Question
An inheritance of $234,000 is to be divided between a child and the local cancer fund in the ratio of 1 to 5. How much money will the child receive?

A) $38,750
B) $38,500
C) $40,500
D) $39,000
E) $40,000
Question
What is 7% of 22?
Question
An donation of $440,000 is to be divided between the YMCA and the local food bank in the ratio of 8 to 3. How much money will the YMCA receive?

A) $319,750
B) $319,500
C) $321,500
D) $320,000
E) $321,000
Question
The ratio of male students to female students at a certain university is 2 to 9. If there is a total of 7,271 students, find the number of male students and the number of female students.

A) male 1,322, female 5,949
B) male 5,969, female 1,302
C) male 1,332, female 5,939
D) male 1,325, female 5,946
E) male 5,949, female 1,322
Question
A saltwater solution is made by dissolving 7 pounds of salt in 10 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water?

A) 28 pounds
B) 25 pounds
C) 280 pounds
D) 30 pounds
E) none of these
Question
Solve the following equation. Your calculator might be of some help. 0.4 x + 9.6(589 - x ) = 3,141

A) x = 956
B) x = 925
C) x = 979
D) x = 968
E) none of these
Question
Jesse used 10 gallons of gasoline to drive 140 miles. How much gasoline will he need to travel 168 miles? __________ gallons
Question
Selling price is the cost minus the profit.
Question
A saltwater solution is made by dissolving 2 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 70 gallons of water. __________ pounds
Question
A board 26 feet long is cut into two pieces whose lengths are in the ratio of 4 to 9. Find the lengths of the two pieces. Please enter your answer as two numbers without the units, listed from least to greatest, separated by a comma.
Question
What is 4% of 38? Give the answer to two decimal places, if necessary.
Question
Profit is always a percent of the selling price.
Question
If the ratio of the width of a rectangle to its length is If the ratio of the width of a rectangle to its length is   and the length is 72 centimeters, find the width. __________ centimeters<div style=padding-top: 35px> and the length is 72 centimeters, find the width. __________ centimeters
Question
If the store advertises a 30% off sale, the price of an item is (0.70)( 0.70 ) (original price of item).
Question
If 21 pounds of fertilizer will cover 1,400 square feet of lawn, how many pounds are needed for 2,800 square feet? __________ pounds
Question
Solve the equation. 0.34 x + 0.37( x + 382) = 323.81

A) x = 276
B) x = 267
C) x = 224
D) x = 257
E) none of these
Question
A saltwater solution is made by dissolving 5 pounds of salt in 8 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water. __________ pounds A saltwater solution is made by dissolving 5 pounds of salt in 8 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water. __________ pounds  <div style=padding-top: 35px>
Question
An inheritance of $180,000 is to be divided between a child and the local cancer fund in the ratio of 2 to 3. How much money will the child receive? $__________
Question
On a certain map, 1 inch represents 13 miles. If two cities are 8 inches apart on the map, find the number of miles between the cities. __________ miles
Question
Solve the following equation and express the solution in decimal form. Your calculator might be of some help. 1.9 x + 9.1 = 11.513

A) x = 1.27
B) x = 1.37
C) x = 1.77
D) x = 1.25
E) none of these
Question
Solve the equation. x - 0.15 = 0.62

A) x = 0.77
B) x = 1.24
C) x = 0.47
D) x = - 0.47
E) none of these
Question
Solve the equation. 0.45 t = 0.36

A) t = 0.8
B) t = 1.3
C) t = 1.7
D) t = 0.6
E) none of these
Question
62.48 is what percent of 71?
Question
The discount is the percent off times the original selling price.
Question
Solve the equation. s = 9.8 + 0.8 s

A) s = 58
B) s = 46
C) s = 49
D) s = 53
E) none of these
Question
Find the cost of a $3,000 refrigerator that is on sale for 40% off.

A) $1,800
B) $7,500
C) $2,960
D) $4,200
E) none of these
Question
If a sofa costs a retailer $420, at what price should it be sold to gain a profit of 65% of the selling price?

A) $721.00
B) $678.00
C) $695.00
D) $693.00
E) none of these
Question
Tom bought an electric drill at a 5% discount sale for $25.65. What was the original price of the electric drill?

A) $27
B) $46
C) $41
D) $24
E) none of these
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. One month a credit card company charged $29.25 in interest on a balance of $3,900. What annual interest rate is the credit card company charging?

A) 11%
B) 9%
C) 8%
D) 9.5%
E) none of these
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. How long (in years) will $7,560 need to be invested at a 7% annual interest rate to earn $2,646.00?

A) t = 4
B) t = 5
C) t = 7
D) t = 10
E) none of these
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. How much principal, invested at 18% annual interest for 6 years, is needed to earn $4,039.20?

A) P = $3,740
B) P = $3,810
C) P = $3,730
D) P = $3,700
E) none of these
Question
Solve the following equation. Your calculator might be of some help. 2.8( x + 4.5) = 15.96

A) x = 2.4
B) x = 1.2
C) x = 0.9
D) x = 1.8
E) none of these
Question
Find the cost of a $4,700 wide-screen television that is on sale for 25% off.

A) $3,532
B) $3,539
C) $3,546
D) $3,525
E) $3,553
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. How much interest will be charged on a student loan if $8,820 is borrowed for 4 months at a 18% annual interest rate?

A) $530.40
B) $534.20
C) $529.20
D) $525.70
E) none of these
Question
A retailer has some candle sets that cost her $24. If she sells them for $30.00, find her rate of profit based on the cost.

A) 20%
B) 24%
C) 27%
D) 25%
E) none of these
Question
A retailer has some earrings that cost him $6 each. He wants to sell them at a profit of 75% of the cost. What should be the selling price of the earrings?

A) $18.50
B) $11.50
C) $8.50
D) $10.50
E) none of these
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. For how many years must $5,590 be invested at a 8% annual interest rate to earn $2,683.20?

A) t = 11
B) t = 5
C) t = 6
D) t = 8
E) none of these
Question
A retailer has some toe rings that cost him $5 each. He wants to sell them at a profit of 40% of the cost. What should be the selling price of the toe rings?

A) $10.00
B) $7.00
C) $2.00
D) $9.00
E) none of these
Question
Jewelry has a very high markup rate. If a ring costs a jeweler $680, at what price should it be sold to gain a profit of 45% of the selling price?

A) $993.00
B) $973.00
C) $986.00
D) $1,017.00
E) none of these
Question
Pierre bought a coat for $213.20 that was listed for $260. What rate of discount did he receive?

A) 12%
B) 28%
C) 21%
D) 18%
E) none of these
Question
Solve the equation. x Solve the equation. x   0.47 = 0.76 Please enter your answer as a decimal.<div style=padding-top: 35px> 0.47 = 0.76 Please enter your answer as a decimal.
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. How much is a month s interest on a mortgage balance of $2,640 at an 7% annual interest rate?

A) $185.80
B) $15.40
C) $184.80
D) $30.80
E) none of these
Question
Dale bought a boat at a 20% discount sale for $50.40. What was the original price of the boat?

A) $82
B) $63
C) $81
D) $55
E) none of these
Question
A retailer has some skirts that cost her $25. If she sells them for $32.75, find her rate of profit based on the cost.

A) 26%
B) 33%
C) 31%
D) 30%
E) none of these
Question
Use the formula i=Prti = P r t to reach a solution for the following problem. Find the annual interest rate if $2,616.00 in interest is earned when $2,180 is invested for 8 years.

A) 14%
B) 20%
C) 16%
D) 15%
E) none of these
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Deck 4: Formulas and Problem Solving
1
The cross products of a proportion are equal to each other.
True
2
Solve the equation. 8x+7=9x8\frac { - 8 } { x + 7 } = \frac { - 9 } { x - 8 }

A) x = -125
B) x = -122
C) x = -127
D) x = -136
E) x = -128
x = -127
3
Solve the equation. n+7n=87\frac { n + 7 } { n } = \frac { 8 } { 7 }

A) n = 49
B) n = 54
C) n = 48
D) n = 51
n = 49
4
What is 6% of 22?

A) 1.32
B) 3.42
C) 1.29
D) 6.43
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5
Solve the equation. x+45x+36=6\frac { x + 4 } { 5 } - \frac { x + 3 } { 6 } = 6

A) x = 180
B) x = 171
C) x = 176
D) x = 170
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6
Change the fraction 725\frac { 7 } { 25 } to a percent.

A) 30%
B) 27%
C) 28%
D) 33%
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7
The equation 33x+1+1=44x3\frac { 3 } { 3 x + 1 } + 1 = \frac { 4 } { 4 x - 3 } is a proportion.
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8
18% of what number is 8.46?

A) 47
B) 41
C) 49
D) 52
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9
Jesse used 5 gallons of gasoline to drive 75 miles. How much gasoline will he need to travel 240 miles?

A) 18 gallons
B) 21 gallons
C) 16 gallons
D) 12 gallons
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Unlock Deck
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10
Solve the equation. n104n=112\frac { n } { 104 - n } = \frac { 11 } { 2 }

A) n = 93
B) n = 90
C) n = 88
D) n = 87
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11
A percent is never greater than 100.
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12
A statement of inequality between two ratios is called a proportion.
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13
43.56 is what percent of 66?

A) 73%
B) 66%
C) 69%
D) 57%
E) 62%
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14
Solve the equation. 3x+8=4x8\frac { - 3 } { x + 8 } = \frac { - 4 } { x - 8 }

A) x = -51
B) x = -57
C) x = -54
D) x = -56
E) x = -65
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15
Solve the equation. x20=34\frac { x } { 20 } = \frac { 3 } { 4 }

A) x = 14
B) x = 15
C) x = 20
D) x = 17
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16
If the ratio of the width of a rectangle to its length is 45\frac { 4 } { 5 } and the length is 40 centimeters, find the width.

A) 34 cm
B) 28 cm
C) 32 cm
D) 37 cm
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17
On a certain map, 1 inch represents 15 miles. If two cities are 5 inches apart on the map, find the number of miles between the cities.

A) 77 mi
B) 65 mi
C) 75 mi
D) 80 mi
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18
Solve the equation. x93=x+64\frac { x - 9 } { 3 } = \frac { x + 6 } { 4 }

A) x = 54
B) x = 59
C) x = 53
D) x = 56
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19
Solve the equation. x4167=18\frac { x - 4 } { 16 } - 7 = \frac { 1 } { 8 }

A) x = 117
B) x = 120
C) x = 123
D) x = 118
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20
Solve the equation. h5h6=8\frac { h } { 5 } - \frac { h } { 6 } = 8

A) h = 239
B) h = 245
C) h = 242
D) h = 240
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21
If 20 pounds of fertilizer will cover 1,490 square feet of lawn, how many pounds are needed for 2,980 square feet?

A) 42 pounds
B) 40 pounds
C) 30 pounds
D) 45 pounds
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22
11% of what number is 5.39?
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23
Solve the equation. Solve the equation.
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24
A saltwater solution is made by dissolving 5 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 28 gallons of water. <strong>A saltwater solution is made by dissolving 5 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 28 gallons of water.  </strong> A) 140 pounds B) 10 pounds C) 12 pounds D) 7 pounds

A) 140 pounds
B) 10 pounds
C) 12 pounds
D) 7 pounds
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25
Solve the equation. Solve the equation.
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26
Solve the equation. Solve the equation.
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27
20% of what number is 7.4?
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28
Solve the equation. Solve the equation.
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29
Solve the equation. Solve the equation.
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30
A board 55 feet long is cut into two pieces whose lengths are in the ratio of 2 to 9. Find the lengths of the two pieces.

A) 10 feet, 45 feet
B) 15 feet, 40 feet
C) 9 feet, 46 feet
D) 7 feet, 48 feet
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31
Solve the equation. Solve the equation.
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32
Solve the equation. Solve the equation.
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33
Solve the equation. Solve the equation.
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34
Change the fraction Change the fraction   to a percent. to a percent.
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35
Solve the equation. Solve the equation.
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36
An inheritance of $234,000 is to be divided between a child and the local cancer fund in the ratio of 1 to 5. How much money will the child receive?

A) $38,750
B) $38,500
C) $40,500
D) $39,000
E) $40,000
Unlock Deck
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37
What is 7% of 22?
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38
An donation of $440,000 is to be divided between the YMCA and the local food bank in the ratio of 8 to 3. How much money will the YMCA receive?

A) $319,750
B) $319,500
C) $321,500
D) $320,000
E) $321,000
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
39
The ratio of male students to female students at a certain university is 2 to 9. If there is a total of 7,271 students, find the number of male students and the number of female students.

A) male 1,322, female 5,949
B) male 5,969, female 1,302
C) male 1,332, female 5,939
D) male 1,325, female 5,946
E) male 5,949, female 1,322
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
40
A saltwater solution is made by dissolving 7 pounds of salt in 10 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water?

A) 28 pounds
B) 25 pounds
C) 280 pounds
D) 30 pounds
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
41
Solve the following equation. Your calculator might be of some help. 0.4 x + 9.6(589 - x ) = 3,141

A) x = 956
B) x = 925
C) x = 979
D) x = 968
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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42
Jesse used 10 gallons of gasoline to drive 140 miles. How much gasoline will he need to travel 168 miles? __________ gallons
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43
Selling price is the cost minus the profit.
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44
A saltwater solution is made by dissolving 2 pounds of salt in 14 gallons of water. At this rate, how many pounds of salt are needed for 70 gallons of water. __________ pounds
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45
A board 26 feet long is cut into two pieces whose lengths are in the ratio of 4 to 9. Find the lengths of the two pieces. Please enter your answer as two numbers without the units, listed from least to greatest, separated by a comma.
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Unlock Deck
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46
What is 4% of 38? Give the answer to two decimal places, if necessary.
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47
Profit is always a percent of the selling price.
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48
If the ratio of the width of a rectangle to its length is If the ratio of the width of a rectangle to its length is   and the length is 72 centimeters, find the width. __________ centimeters and the length is 72 centimeters, find the width. __________ centimeters
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49
If the store advertises a 30% off sale, the price of an item is (0.70)( 0.70 ) (original price of item).
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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50
If 21 pounds of fertilizer will cover 1,400 square feet of lawn, how many pounds are needed for 2,800 square feet? __________ pounds
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
51
Solve the equation. 0.34 x + 0.37( x + 382) = 323.81

A) x = 276
B) x = 267
C) x = 224
D) x = 257
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
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52
A saltwater solution is made by dissolving 5 pounds of salt in 8 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water. __________ pounds A saltwater solution is made by dissolving 5 pounds of salt in 8 gallons of water. At this rate, how many pounds of salt are needed for 40 gallons of water. __________ pounds
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53
An inheritance of $180,000 is to be divided between a child and the local cancer fund in the ratio of 2 to 3. How much money will the child receive? $__________
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54
On a certain map, 1 inch represents 13 miles. If two cities are 8 inches apart on the map, find the number of miles between the cities. __________ miles
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55
Solve the following equation and express the solution in decimal form. Your calculator might be of some help. 1.9 x + 9.1 = 11.513

A) x = 1.27
B) x = 1.37
C) x = 1.77
D) x = 1.25
E) none of these
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56
Solve the equation. x - 0.15 = 0.62

A) x = 0.77
B) x = 1.24
C) x = 0.47
D) x = - 0.47
E) none of these
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57
Solve the equation. 0.45 t = 0.36

A) t = 0.8
B) t = 1.3
C) t = 1.7
D) t = 0.6
E) none of these
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58
62.48 is what percent of 71?
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59
The discount is the percent off times the original selling price.
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60
Solve the equation. s = 9.8 + 0.8 s

A) s = 58
B) s = 46
C) s = 49
D) s = 53
E) none of these
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61
Find the cost of a $3,000 refrigerator that is on sale for 40% off.

A) $1,800
B) $7,500
C) $2,960
D) $4,200
E) none of these
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62
If a sofa costs a retailer $420, at what price should it be sold to gain a profit of 65% of the selling price?

A) $721.00
B) $678.00
C) $695.00
D) $693.00
E) none of these
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Unlock for access to all 233 flashcards in this deck.
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63
Tom bought an electric drill at a 5% discount sale for $25.65. What was the original price of the electric drill?

A) $27
B) $46
C) $41
D) $24
E) none of these
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Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
64
Use the formula i=Prti = P r t to reach a solution for the following problem. One month a credit card company charged $29.25 in interest on a balance of $3,900. What annual interest rate is the credit card company charging?

A) 11%
B) 9%
C) 8%
D) 9.5%
E) none of these
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65
Use the formula i=Prti = P r t to reach a solution for the following problem. How long (in years) will $7,560 need to be invested at a 7% annual interest rate to earn $2,646.00?

A) t = 4
B) t = 5
C) t = 7
D) t = 10
E) none of these
Unlock Deck
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Unlock Deck
k this deck
66
Use the formula i=Prti = P r t to reach a solution for the following problem. How much principal, invested at 18% annual interest for 6 years, is needed to earn $4,039.20?

A) P = $3,740
B) P = $3,810
C) P = $3,730
D) P = $3,700
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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67
Solve the following equation. Your calculator might be of some help. 2.8( x + 4.5) = 15.96

A) x = 2.4
B) x = 1.2
C) x = 0.9
D) x = 1.8
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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68
Find the cost of a $4,700 wide-screen television that is on sale for 25% off.

A) $3,532
B) $3,539
C) $3,546
D) $3,525
E) $3,553
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
69
Use the formula i=Prti = P r t to reach a solution for the following problem. How much interest will be charged on a student loan if $8,820 is borrowed for 4 months at a 18% annual interest rate?

A) $530.40
B) $534.20
C) $529.20
D) $525.70
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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70
A retailer has some candle sets that cost her $24. If she sells them for $30.00, find her rate of profit based on the cost.

A) 20%
B) 24%
C) 27%
D) 25%
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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71
A retailer has some earrings that cost him $6 each. He wants to sell them at a profit of 75% of the cost. What should be the selling price of the earrings?

A) $18.50
B) $11.50
C) $8.50
D) $10.50
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
72
Use the formula i=Prti = P r t to reach a solution for the following problem. For how many years must $5,590 be invested at a 8% annual interest rate to earn $2,683.20?

A) t = 11
B) t = 5
C) t = 6
D) t = 8
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
73
A retailer has some toe rings that cost him $5 each. He wants to sell them at a profit of 40% of the cost. What should be the selling price of the toe rings?

A) $10.00
B) $7.00
C) $2.00
D) $9.00
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
74
Jewelry has a very high markup rate. If a ring costs a jeweler $680, at what price should it be sold to gain a profit of 45% of the selling price?

A) $993.00
B) $973.00
C) $986.00
D) $1,017.00
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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75
Pierre bought a coat for $213.20 that was listed for $260. What rate of discount did he receive?

A) 12%
B) 28%
C) 21%
D) 18%
E) none of these
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Unlock Deck
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76
Solve the equation. x Solve the equation. x   0.47 = 0.76 Please enter your answer as a decimal. 0.47 = 0.76 Please enter your answer as a decimal.
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77
Use the formula i=Prti = P r t to reach a solution for the following problem. How much is a month s interest on a mortgage balance of $2,640 at an 7% annual interest rate?

A) $185.80
B) $15.40
C) $184.80
D) $30.80
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
78
Dale bought a boat at a 20% discount sale for $50.40. What was the original price of the boat?

A) $82
B) $63
C) $81
D) $55
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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79
A retailer has some skirts that cost her $25. If she sells them for $32.75, find her rate of profit based on the cost.

A) 26%
B) 33%
C) 31%
D) 30%
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
k this deck
80
Use the formula i=Prti = P r t to reach a solution for the following problem. Find the annual interest rate if $2,616.00 in interest is earned when $2,180 is invested for 8 years.

A) 14%
B) 20%
C) 16%
D) 15%
E) none of these
Unlock Deck
Unlock for access to all 233 flashcards in this deck.
Unlock Deck
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Unlock Deck
Unlock for access to all 233 flashcards in this deck.