End-of-Chapter Problems

End-of-Chapter Problems

11th Grade

46 Qs

quiz-placeholder

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End-of-Chapter Problems

End-of-Chapter Problems

Assessment

Quiz

Mathematics

11th Grade

Practice Problem

Hard

Created by

Charity Mannix

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46 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the actual sales since the sales and sales tax were rung up together. Assume a 6% sales tax and round your answer to the nearest cent for a total of $88,000.

$83,018.87

$82,000.00

$84,000.00

$85,000.00

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the actual sales since the sales and sales tax were rung up together. Assume a 6% sales tax and round your answer to the nearest cent for a total of $26,000.

$24,528.30

$25,000.00

$24,000.00

$23,500.00

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the assessed value of a property with an assessment rate of 30% and a market value of $130,000.

The assessed value of the property is $39,000.

The assessed value of the property is $45,000.

The assessed value of the property is $50,000.

The assessed value of the property is $35,000.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Complete the amount of property tax due to the nearest cent for a tax rate of 40 mills per .001 and an assessed value of $65,000.

The property tax due is $2,600.00.

The property tax due is $26.00.

The property tax due is $260.00.

The property tax due is $6,500.00.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The property tax due is $4,462.50.

The property tax due is $4,500.00.

The property tax due is $4,200.00.

The property tax due is $4,350.00.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The property tax due is $1,093.75.

The property tax due is $1,200.00.

The property tax due is $1,000.00.

The property tax due is $1,150.00.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If your song sells thousands on iTunes, you do not get to share in any of the publishing income. If you live in New Jersey and iTunes sold five of your songs for a total of $65,000, what is the tax owed at 7.0%?

$4,550

$4,650

$4,750

$4,850

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