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Math for Business Ch. 9: Vehicle transportation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Includes base price, Options and the destination charge

a)

Sticker Price

b)

Dealer Price

c)

Tax Price

2.

sometimes referred to as the manufacturer’s suggested

retail price (MSRP)

a)

Sticker Price

b)

Base Price

c)

Destination Charge

3.

the formula

Percent of Base Price + Percent of Options Price + Destination Charge

is to find _________

a)

Selling Price

b)

Dealer's Cost

c)

Insurance Cost

4.

Gives the average prices for used vehicles

a)

Used-Vehicle Guide

b)

Vehicle Statement

c)

Options Price

5.

Operating and maintaining a vehicle involves numerous costs can be classified as........

a)

Production Cost & Maintenance Cost

b)

Base Cost & Options Cost

c)

Variable Costs & Fixed Costs

6.

There are two types of lease a vehicle

a)

Closed-End & Open-End

b)

Temporary & permanent

c)

Short & Long

7.

Means to use a vehicle by agreeing to pay a set fee. plus a per-mile rate

a)

Renting A Vehicle

b)

Buying New Vehicle

c)

Buying A used Vehicle

8.

the formula is to calculate _________

a)

Cost per Mile

b)

Number of miles

c)

Base Cost

9.

If Violet Atkins is purchasing a car whose

base price is $15,499 with no options and

$589 destination charge, what is its sticker

price?

a)

$16,088

b)

$16,288

c)

$14,910

d)

$15,499

10.

If you pay $315 per month for 36 months

to lease a car and made an initial deposit

of $3,500, what additional information

would you need to determine the total

lease cost?

a)

the title and license fee amounts

b)

just the title fee amount

c)

just the license fee amount