KYOTE Quantitative Literacy 2 โ Questions and Answers
Question 1: A store marks up an item by 40% of its cost price. If the cost price is $75, what is the selling price?
- $105 (Correct answer)
- $115
- $95
- $110
Correct answer: $105
40% of $75 is $30, so selling price = $75 + $30 = $105.
Question 2: A recipe requires 2.5 cups of flour for every 12 cookies. How many cups of flour are needed to make 60 cookies?
- 12.5 cups (Correct answer)
- 10 cups
- 15 cups
- 7.5 cups
Correct answer: 12.5 cups
60 รท 12 = 5 batches; 5 ร 2.5 = 12.5 cups.
Question 3: A data set has values: 4, 8, 8, 10, 15. What is the mean?
- 9 (Correct answer)
- 8
- 10
- 8.5
Correct answer: 9
Sum = 4+8+8+10+15 = 45; mean = 45 รท 5 = 9.
Question 4: A savings account earns simple interest at 3% per year. If $2,000 is deposited, how much interest is earned after 4 years?
- $240 (Correct answer)
- $200
- $120
- $480
Correct answer: $240
Simple interest = $2,000 ร 0.03 ร 4 = $240.
Question 5: On a number line, which value is farthest from zero?
- -7.2 (Correct answer)
- 6.9
- -5.5
- 7.1
Correct answer: -7.2
Distance from zero is the absolute value; |-7.2| = 7.2 is the largest.
Question 6: A car travels 150 miles in 2.5 hours. What is its average speed in miles per hour?
- 60 mph (Correct answer)
- 55 mph
- 65 mph
- 75 mph
Correct answer: 60 mph
Speed = distance รท time = 150 รท 2.5 = 60 mph.
Question 7: Which of the following is equivalent to 3/8 expressed as a percent?
- 37.5% (Correct answer)
- 38%
- 35%
- 40%
Correct answer: 37.5%
3 รท 8 = 0.375, and 0.375 ร 100 = 37.5%.
A store marks up an item by 40% of its cost price.
If the cost price is $75, what is the selling price?