Introduction to Financial Math

Introduction to Financial Math

9th - 12th Grade

30 Qs

quiz-placeholder

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Introduction to Financial Math

Introduction to Financial Math

Assessment

Quiz

9th - 12th Grade

Medium

Created by

Angela McCully

Used 114+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

During the winter quarter, the student dining services sells an average of 325 portions of hot chocolate per day. The hot chocolate mix comes in containers of 130 oz. each. A serving requires 4 oz. of mix. How many containers are used on an average day?

6 1/4

2 1/2

10

20

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Approximate sales are $35,000; approximate cost of goods sold are $6,500; warranty expenses are approximately $3,500; salaries are exactly $15,125; and taxes paid are exactly $1,124. What is the profit?

approximately $15,250

approximately $8,750

exactly $15,250

exactly $8,750

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

To prove that multiplication is right you would:

divide the quotient by one of the multipliers

multiply the product by one of the multipliers

divide the product by one of the multipliers

multiply the quotient by on of the multipliers

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the inverse operation of division?

conversion

multiplication

subtraction

addition

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

One-third of two thousand five hundred seventy is approximately:

750

860

800

900

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Area is measured in:

square units

meters

inches

miles

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A promissory note is:

your written promise to pay back a loan

an invoice

like a check

a gift

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