Math Skills Final Exam

1) Which statement best describes how to comparison shop?

• Buy many brands of the same item, see which you like best, and return all the rest
• Set a budget, decide what features you want, and see which stores/brands best fit your needs
• Visit many stores and ask the salespeople to lower the price until one offers something you can afford
• Start your own website that compares the current store prices of items you shop for regularly

2) You're going to buy a new bicycle. What should be one of your first steps in comparison shopping?

• Decide what bicycle features you care most about
• Visit the store that sells the least expensive bicycles
• Locate a coupon for bicycles
• Sell your old bicycle

3) Randall needs to make two purchases today -- a box of donuts to share with his homeroom and a pair of running shoes for the upcoming track season. For which item should he do MORE comparison shopping?

• Neither -- both of these purchases are very easy
• The donuts -- because he wants to get a lot of flavors
• The shoes -- because they need to fit well and last for the whole season
• Both -- you should comparison shop for every item you buy

4) Sofia wants to buy a new pair of jeans. At Pants World, the jeans she wants cost $40 and they're having a 25% off sale. At All Clothes, the same jeans cost $38 and she has a $6 off coupon. What is the best deal?

• Purchase at Pants World, because the cost after discount will be $15
• Purchase at Pants World, because the cost after discount will be $30
• Purchase at All Clothes, because the cost after coupon will be $32
• Purchase at All Clothes, because the cost after coupon will be $34

5) A popular promotion at stores is "Buy One, Get One Free." Why do stores offer this deal to their customers?

• Stores promote the deal but make you pay for the second item anyway once you're at the cash register
• Stores make money because you still have to pay taxes on the second item
• Most stores are not trying to make a profit, so it doesn't matter if they give away free items
• Great deals convince customers to buy things they don't need and stay loyal to the store or brand

6) On a restaurant receipt, you will commonly find each of these items EXCEPT...

• The date and time of your dining
• The total cost of your food and drinks
• The tax and tip that were added to your bill
• The total money in the bank account you used to pay

7) Naya has done a lot of shopping recently. Which receipt should she probably keep the longest?

• CVS receipt for a juice and a pack of ponytail holders
• Mall store for 5 shirts and 2 pants, all of which she's tried on and fit
• Restaurant receipt for sandwich, salad, and lemonade
• Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday

8) Here's Ruth's receipt from the onsite cafe at her job. How many items did Ruth buy?

• 1
• 2
• 3
• 4

9) Here's Ruth's receipt from the onsite cafe at her job. How much did she pay for this meal at the cafe?

• $1.17
• $11.70
• $12.87
• $14.50

10) Complete this sentence: A checking account statement...

• is the receipt you get from a store when you purchase something using a check
• tells you the bank's policies on fees
• lists all the purchases and deposits you've made in the previous month
• allows you to take out a student loan for college