Consumer Math Final Exam

A store is offering a 25% discount on a jacket that originally costs $80. What is the sale price of the jacket?

• $20

• $60

• $55

• $40

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DOK Level 2: Skill/Concept

If the sales tax rate is 8%, what is the total cost of an item priced at $50 after tax?

• $54

• $55

• $53

• $52

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DOK Level 2: Skill/Concept

You go to a restaurant and your bill is $45. If you want to leave a 15% tip, how much will the tip be?

• $6.75

• $7.00

• $6.50

• $7.25

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DOK Level 2: Skill/Concept

If your car insurance premium is $1,200 per year, how much do you pay per month?

• $100

• $120

• $150

• $200

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DOK Level 2: Skill/Concept

A medical insurance plan has a deductible of $500 and a co-pay of 20%. If you have a medical bill of $2,000, how much will you pay out-of-pocket?

• $900

• $1,000

• $1,200

• $1,500

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DOK Level 3: Strategic Thinking

If you have a monthly budget of $2,500 and you spend $1,200 on rent, $300 on groceries, and $200 on utilities, how much do you have left for other expenses?

• $800

• $900

• $1,000

• $1,100

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DOK Level 2: Skill/Concept

You are considering buying a car that costs $20,000. If you make a down payment of $5,000 and finance the rest at an interest rate of 5% for 5 years, what will be your monthly payment?

• $283.07

• $300.00

• $350.00

• $400.00

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DOK Level 3: Strategic Thinking

If you buy a home for $250,000 with a 20% down payment, how much will you need to finance?

• $200,000

• $210,000

• $220,000

• $230,000

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DOK Level 2: Skill/Concept

• $350

• $400

• $450

• $300

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DOK Level 2: Skill/Concept

Your monthly electric bill is $75, your water bill is $30, and your internet bill is $50. What is your total monthly cost for these utilities?

• $155

• $150

• $145

• $160

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DOK Level 2: Skill/Concept