CVS Retail Math and Logic 5

Question 1

A CVS store's monthly sales are $420,000. Labor costs are $63,000. What is the labor cost as a percentage of sales?

Accepted Answer

15%

Answer

12%

Answer

18%

Answer

20%

Question 2

A product on clearance is marked down 60% from its original $24.99 price. A customer also has a $2 off coupon. What is the final price?

Accepted Answer

$7.99

Answer

$9.99

Answer

$8.99

Answer

$10.00

Question 3

A store manager notices that units per transaction (UPT) dropped from 3.2 to 2.8 week over week. By how many units did UPT decrease?

Accepted Answer

0.4

Answer

0.2

Answer

0.6

Answer

0.3

Question 4

If CVS needs to maintain a minimum in-stock rate of 95% and has 400 SKUs, what is the maximum number of SKUs that can be out of stock?

Accepted Answer

20

Answer

5

Answer

40

Answer

25

Question 5

A cashier gives incorrect change of $4.50 instead of $5.50. The store reconciles this at end of day. The register will show:

Accepted Answer

$1.00 over

Answer

$1.00 short

Answer

$0.50 over

Answer

$0.50 short

Question 6

A CVS location runs a promotion: spend $30, get $5 ExtraBucks. A customer spends $58. How many $5 ExtraBucks rewards do they earn?

Accepted Answer

1

Answer

2

Answer

0

Answer

3

Question 7

A store's conversion rate is 40% — meaning 40% of visitors make a purchase. If 850 customers enter the store on Saturday, approximately how many transactions are expected?

Accepted Answer

340

Answer

425

Answer

300

Answer

380