Business Math 2

Nicole Bolton purchased a new rug for $287 and a vacuum cleaner for $121. What is the sales tax if she lives in Iowa where the sale tax rate is 6%?

• $19.98

• $20.40

• $24.48

• $31.99

Cordell Johnson purchased a snow blower for $237.00 and two bags of rock salt for $3.15 each. What is the sales tax on hi purchases if he lives in Maine where the sales tax rate is 5%?

• $12.01

• $12.17

• $12.21

• $13.02

Dawn Reynolds purchased six quarts of motor oil for $14.12. What is the unit price per quart rounded to the nearest cent?

• $2.35 per quart

• $2.39 per quart

• $2.54 per quart

• $2.98 per quart

Sam Collins wants to get the best deal in cereal he can find. He finds rice puffs for $2.49 for 24 ounces, $2.69 for 36 ounces, $2.29 for 12 ounces, and $4.00 for 48 ounces. What is the unit price of the best buy?

• 7.47¢ per ounce

• 8.33¢ per ounce

• 10.38¢ per ounce

• 19.08¢ per ounce

Sheree Wright purchased a digital camera for $367.99. She received a manufacturer's $45 mail-in rebate and a $25 rebate from Jack's Camera Store. What is the final price?

• $276.99

• $287.87

• $297.99

• $299.00

Builder's Warehouse has a clearance on overstocked merchandise. A picnic table that usually sells for $167 is on sale for $149. What is the markdown?

• $15

• $18

• $22

• $31

Spencer Ward purchased a new riding mower for $1,989. He made a 15% down payment and financed the remainder. What amount did he finance?

• $1,610.00

• $1,613.60

• $1,678.99

• $1,690.65

Mike Shepherd purchased a new sedan. He paid $28.905.50 for the car's base price and a $164.00 destination charge. The car's options, a sunroof and air conditioning cost $3,609.00. What is the sticker price?

• $28,905.50

• $29,069.50

• $32,514.50

• $32,678.50

Instead of buying a new car Maria decided to lease one. Her deposit was $3,000 and her payments are $230 a month for 60 months. She also paid a $90 title fee and a $50 license fee. What is her total lease cost?

• $15,380

• $16,788

• $16,890

• $16,940

Jackie has found a home she would like to purchase. The seller accepts her offer of $210,900. Jackie will make a down payment of 15%. What is the amount of her mortgage loan?

• $123,764

• $179,265

• $180,009

• $185,000