ACT WorkKeys-Applied Math Practice 1

What is the formula to calculate the discount amount when using a coupon?

• Discount Amount = Original Price × Discount Rate

• Discount Amount = Original Price + Discount Rate

• Discount Amount = Original Price - Discount Rate

• Discount Amount = Original Price ÷ Discount Rate

Tags

CCSS.6.RP.A.3C

If a person has a certain amount of money and spends some, how do you calculate the remaining amount?

• Remaining Amount = Initial Amount - Amount Spent

• Remaining Amount = Initial Amount + Amount Spent

• Remaining Amount = Amount Spent - Initial Amount

• Remaining Amount = Initial Amount * Amount Spent

Tags

CCSS.3.OA.D.8

How do you round a number up to the nearest specified value?

• Divide the number by that value, round down to the nearest whole number, and then multiply back.

• Divide the number by that value, round up to the nearest whole number, and then multiply back.

• Add the specified value to the number and round to the nearest whole number.

• Multiply the number by that value and round to the nearest whole number.

Tags

CCSS.3.NBT.A.1

CCSS.4.NBT.A.3

How do you calculate the total amount of food needed for multiple pets over a period of time?

• Total Food Needed = Number of Pets × Cans per Pet per Day × Number of Days

• Total Food Needed = Number of Pets + Cans per Pet + Number of Days

• Total Food Needed = Number of Pets ÷ Cans per Pet per Day × Number of Days

• Total Food Needed = Number of Pets × Cans per Pet per Day - Number of Days

Tags

CCSS.7.EE.B.3

What is the difference between fixed and variable costs in a business context?

• Fixed Costs change with the level of output, while Variable Costs do not change.

• Fixed Costs do not change with the level of output, while Variable Costs do change.

• Both Fixed and Variable Costs change with the level of output.

• Fixed Costs are always higher than Variable Costs.

Tags

CCSS.HSS.ID.B.6A

How do you calculate the total cost when a service charges in segments?

• Total Cost = (Number of Segments) × (Cost per Segment)

• Total Cost = (Cost per Segment) + (Number of Segments)

• Total Cost = (Number of Segments) - (Cost per Segment)

• Total Cost = (Cost per Segment) / (Number of Segments)

What is the significance of understanding percentages in financial calculations?

• Percentages are crucial for calculating discounts, interest rates, and other financial metrics.

• Percentages are only useful for academic purposes and have no real-world application.

• Understanding percentages helps in memorizing mathematical formulas but not in financial calculations.

• Percentages are primarily used for statistical analysis and have little relevance in finance.

Tags

CCSS.6.RP.A.3C

What is the cost calculation for a service that charges per minute?

• Total Cost = Rate per Minute + Total Minutes Used

• Total Cost = Rate per Minute × Total Minutes Used

• Total Cost = Rate per Minute - Total Minutes Used

• Total Cost = Rate per Minute ÷ Total Minutes Used

Tags

CCSS.6.EE.C.9

How do you determine the total savings from a discount?

• Total Savings = Original Price - Sale Price

• Total Savings = Sale Price - Original Price

• Total Savings = Original Price + Sale Price

• Total Savings = Original Price / Sale Price

Tags

CCSS.6.RP.A.3C

What is the importance of budgeting in personal finance?

• Budgeting helps track income and expenses, ensuring that spending does not exceed income.

• Budgeting is only necessary for wealthy individuals.

• Budgeting eliminates all financial problems.

• Budgeting is a method to increase income without changing expenses.