If 35% of a paycheck is deducted for taxes and 4% for insurance, what is the total percent taken out of the paycheck?
- A. 20%
- B. 31%
- C. 39%
- D. 42%
Correct Answer: C
Rationale: When 35% is deducted for taxes and 4% for insurance, the total percentage taken out of the paycheck is 35% + 4% = 39%. Therefore, the correct answer is 39%, which corresponds to option C. Option A (20%) is incorrect because it does not account for the total deductions. Option B (31%) is incorrect as it does not sum up the percentages correctly. Option D (42%) is incorrect as it overestimates the total deductions.
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Sally wants to buy a used truck for her delivery business. Truck A is priced at $450 and gets 25 miles per gallon. Truck B costs $650 and gets 35 miles per gallon. If gasoline costs $4 per gallon, how many miles must Sally drive to make truck B the better buy?
- A. 500
- B. 7500
- C. 1750
- D. 4375
Correct Answer: D
Rationale: To determine the breakeven point where Truck B becomes the better buy, we need to compare the total costs for both trucks. For Truck A: Total cost = $450 + (miles / 25) * $4. For Truck B: Total cost = $650 + (miles / 35) * $4. To find the point where Truck B is the better buy, set the two total cost equations equal to each other and solve for miles. By solving this equation, we find that Sally must drive 4375 miles for Truck B to be the better buy. Choice A (500) is too low, Choice B (7500) is too high, and Choice C (1750) does not represent the breakeven point where Truck B becomes more cost-effective.
Kyle has $950 in savings and wishes to donate one-fifth of it to 8 local charities. He estimates that he will donate around $30 to each charity. Which of the following correctly describes the reasonableness of his estimate?
- A. It is reasonable because $190 is one-fifth of $950
- B. It is reasonable because $190 is less than one-fifth of $1,000
- C. It is not reasonable because $240 is more than one-fifth of $1,000
- D. It is not reasonable because $240 is one-fifth of $1,000
Correct Answer: C
Rationale: Kyle initially had $950 in savings, and one-fifth of that amount would be $190. Since he wishes to donate around $30 to each charity, the total amount he would donate to 8 local charities would be $30 x 8 = $240. This amount is more than one-fifth of $1,000, making the estimate not reasonable. Choice A is incorrect because $190 is the correct one-fifth of $950, not $900. Choice B is incorrect as it compares $190 to a different amount ($1,000) rather than the actual total. Choice D is incorrect as it states that $240 is one-fifth of $1,000, which is inaccurate.
If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?
- A. $43,333.33
- B. $86,666.67
- C. $52,000.00
- D. $78,000.00
Correct Answer: B
Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.
Elijah drove 45 miles to his job in an hour and ten minutes in the morning. On the way home in the evening, however, the traffic was much heavier, and the same trip took an hour and a half. What was his average speed in miles per hour for the round trip?
- A. 30
- B. 45
- C. 36
- D. 40
Correct Answer: A
Rationale: To find the average speed for the round trip, we calculate the total distance and total time traveled. The total distance for the round trip is 45 miles each way, so 45 miles * 2 = 90 miles. The total time taken for the morning trip is 1 hour and 10 minutes (1.17 hours), and for the evening trip is 1.5 hours. Therefore, the total time for the round trip is 1.17 hours + 1.5 hours = 2.67 hours. To find the average speed, we divide the total distance by the total time: 90 miles / 2.67 hours ≈ 33.7 miles per hour. The closest option is A, 30 miles per hour, making it the correct answer. Choice B (45) is the total distance for the round trip, not the average speed. Choices C (36) and D (40) are not derived from the correct calculations and do not represent the average speed for the round trip.
A commuter survey counts the people riding in cars on a highway in the morning. Each car contains only one man, only one woman, or both one man and one woman. Out of 25 cars, 13 contain a woman and 20 contain a man. How many contain both a man and a woman?
- A. 4
- B. 7
- C. 8
- D. 13
Correct Answer: C
Rationale: Let's denote the number of cars containing only a man as M, only a woman as W, and both a man and a woman as B. Given that there are 25 cars in total, we have:
M + W + B = 25
From the information provided, we know that 13 cars contain a woman (W) and 20 cars contain a man (M). Since each car contains either one man, one woman, or both, the cars that contain both a man and a woman (B) are counted once in each of the M and W categories. Therefore, to find out how many cars contain both a man and a woman, we need to subtract the number of cars that contain only a man and only a woman from the total cars.
M + B = 20 (as 20 cars contain a man)
W + B = 13 (as 13 cars contain a woman)
Solving the above two equations simultaneously, we get:
M = 12, W = 5, B = 8
Therefore, 8 cars contain both a man and a woman. Hence, the correct answer is 8. Choice A, B, and D are incorrect as they do not reflect the correct calculation based on the information provided.
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