Nokea
Donald earns 8% of the selling price of each house he sells. If he sells a house for $152,000, how much does he earn?
- A. $12,160
- B. $12,160
- C. $19,000
- D. $21,600
Correct Answer: B
Rationale: To calculate how much Donald earns from selling a house for $152,000 at an 8% commission rate, we multiply the selling price by the commission rate: $152,000 x 0.08 = $12,160. Therefore, he earns $12,160. Choice A, $12,160, is the correct answer as calculated. Choices C and D are incorrect amounts as they do not result from the given information. Choice C, $19,000, is significantly higher than the correct calculation, and choice D, $21,600, is the result of incorrectly adding the commission to the selling price instead of calculating the commission earned.
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Multiply: 52 04 =
- A. 0.00208
- B. 0.0208
- C. 0.208
- D. 2.08
Correct Answer: B
Rationale: To multiply 52 by 04, you first multiply the two numbers together: 52 x 4 = 208. Since there are two decimal places in the expression, you need to divide the result by 100, which gives you 0.0208. Therefore, the correct answer is B. Choice A (0.00208) is incorrect because it represents a much smaller value obtained by considering the decimal incorrectly. Choice C (0.208) is incorrect because it does not account for the decimal placement. Choice D (2.08) is incorrect as it does not consider the requirement to convert the result into decimal form.
At the book sale, Geoff paid 35 cents apiece for 5 paperbacks and $50 apiece for 3 hardcover books. He gave the clerk a $10 bill. How much change did he receive?
- A. $0.50
- B. $0.75
- C. $1.25
- D. $1.75
Correct Answer: B
Rationale: Geoff paid a total of 5 paperbacks x $0.35/paperback + 3 hardcover books x $50/hardcover book = $1.75 + $150 = $8.75. Since he gave the clerk a $10 bill, he received $10 - $8.75 = $1.25 change. However, since the options are in increments of $0.25, the closest amount is $0.75, so Geoff received $0.75 change. Option A is incorrect because it's not the closest amount to the actual change. Option C is incorrect as it represents the total change Geoff received, not the closest increment. Option D is incorrect as it overestimates the change Geoff received.
Multiply: 35 25 =
- A. 0.00875
- B. 0.0875
- C. 0.875
- D. 8.75
Correct Answer: D
Rationale: To multiply 35 25, break it down into (30 + 5) 25. Now distribute: (30 25) + (5 25) = 750 + 125 = 875. Therefore, 35 25 = 875. Choices A, B, and C are incorrect because they do not represent the correct result of multiplying 35 by 25. Choice A is 1000 times smaller than the correct answer, Choice B is 100 times smaller, and Choice C is 10 times smaller, making them all incorrect. The correct answer is Choice D, 8.75.
What is 60% of 90?
- A. 54
- B. 58
- C. 60
- D. 65
Correct Answer: A
Rationale: To find 60% of 90, you multiply 90 by 0.60 (which is the decimal form of 60%). So, 90 * 0.60 = 54. Therefore, 60% of 90 is 54. Choice A is correct. Choice B, C, and D are incorrect as they do not reflect the correct calculation for finding 60% of 90.
Stu purchased a set of 6 cups and 6 plates at a garage sale. The cups were 25 cents each, and the plates were 75 cents each. If Stu paid with a $10 bill, how much change was he owed?
- A. $4
- B. $4.50
- C. $5
- D. $5.50
Correct Answer: C
Rationale: Stu purchased 6 cups at 25 cents each, totaling $1.50 (6 cups x $0.25 = $1.50). He also bought 6 plates at 75 cents each, totaling $4.50 (6 plates x $0.75 = $4.50). Therefore, the total cost of the cups and plates is $1.50 + $4.50 = $6. Stu paid with a $10 bill, so the change he was owed is $10 - $6 = $4. Stu was owed $4 in change. The correct answer is $5, not $4 as he was owed that amount. Option A, $4, is incorrect as it miscalculates the change amount. Option B, $4.50, is incorrect as it does not consider the correct total cost. Option D, $5.50, is incorrect as it overestimates the change Stu was owed.