Uploaded by Tabrezir Mahmood

Business Mathematics Aug Class Test

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At one time the exchange rate for the Canadian dollar was: 1
CAD = 0.76 USD
For the Danish krone the rate was: 1 krone= 0.155 (USD)
How much would it cost (in Canadian dollars) to purchase 1
krone?
Question 1 options:
2
0.3
0.2
0.02
What is the average score for these students?
Score
Number of students
14
12
11
10
9
6
8
2
5
3
3
8
8
9
5
3
6
0
3
2
Question 2 options:
9.22
9.38
9.04
9.53
Mark's annual salary of $55,000 is paid weekly. He is paid at time and a half for any overtime beyond
his regular workweek of 37.5 hours. What is his gross pay for a week in which he works 44 hours?
Question 3 options:
1333
1481
1549
1370
Benazir's annual salary is $45,000. Her regular workweek
consists of four 10-hour workdays. She is eligible for overtime
at "time and a half" on time worked in excess of 10 hours per
day or 40 hours per week. Determine her gross earnings in a pay
period if she is paid biweekly.
Question 4 options:
1853
1628
1731
1966
FST Computer Stores has decided to give a total bonus of
$10,000 to its outlets. The bonus will be proportional to the
monthly sales (given below) for each outlet. Find the bonus for
Downtown outlet.
Outlet
Burnaby
Sales
$162,000
Question 5 options:
3218
Downtown
$119,000
Richmond
$172,000
Surrey
$215,000
1781
2574
2425
A survey of 186 randomly chosen residences in a city revealed that 4 had four cellphones, 16 had
three cellphones, 65 had two cellphones, 97 had one cellphone, and 4 had no cellphone at all. Based
on the survey, what would you estimate to be the average number of cellphones per household?
Question 6 options:
1.41
1.62
1.50
1.56
Allison's regular hourly rate of pay is $17.70. She is paid time
and a half for all work on weekends and for any time over 7.5
hours on weekdays. Calculate her gross earnings for a week in
which she works 4.5, 0, 7.5, 8.5, 6, 6, and 9 hours on Saturday
to Friday, respectively.
Question 7 options:
852
598
684
796
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