Semester 2 Exam Review Chapter 8

Nick, Matt, and Ryan are partners in a local health food store.  They needed 250,000 to start the business. If they invested in the ratio 3:5:8 respectively, how much did Nick invest

• $46,875

• $15,625

• $78,125

• $125,000

  Nick, Matt, and Ryan are partners in a local health food store.  They needed 250,000 to start the business.

 If they invested in the ratio 3:5:8 respectively, how much did Matt invest?

• $15,625

• $46,875

• $78,125

• $125,000

Nick, Matt, and Ryan are partners in a local health food store.  They needed 250,000 to start the business.

 If they invested in the ratio 3:5:8 respectively, how much did Ryan invest?

• $15,625

• $46,875

• $78,125

• $125,000

Nick, Matt, and Ryan are partners in a local health food store.  They needed 250,000 to start the business.

 If they invested in the ratio 3:5:8 respectively, what percent of the business does Matt own? Round to the nearest tenth of a percent.

• 26.3%

• 31.3%

• 18.8%

• 50%

  A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share.  He sold the shares for $62.34 per share.    He paid a broker fee of 0.5%.  What was the total purchase price for the 765 shares including the broker fee?

• $37,148.40

• $55,722.60

• $39,005.82

• $37,334.14

A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share.  He sold the shares for $62.34 per share. He paid a discount broker a fee of $35.  What was the total selling price for the 765 shares including the broker fee?

• $47,640.10

• $47,740.10

• $47,690.10

• $47,790.10

A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share.  He sold the shares for $62.34 per share. What was the gross net proceeds for the 765 shares as a dollar amount?

• $10,305.69

• $10,541.70

• $10,763.68

• $10,902.40

A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share.  He sold the shares for $62.34 per share. Give the net proceeds as a percentage of the original purchase price.

• 28.4%

• 27.6%

• 26.9%

• 25.1%

F 0.67K@5.01▼0.38   

How many shares of Ford Motor Company were traded?

• 0.67

• 670

• 5.01

• 5010

F 0.67K@5.01▼0.38   

How much did each share cost?

• $0.67

• $5.01

• $0.38

• $670