KYOTE Quantitative Literacy 2

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?

Accepted Answer

$105

Answer

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?

Accepted Answer

12.5 cups

Answer

60 ÷ 12 = 5 batches; 5 × 2.5 = 12.5 cups.

Question 3

A data set has values: 4, 8, 8, 10, 15. What is the mean?

Accepted Answer

9

Answer

Sum = 4+8+8+10+15 = 45; mean = 45 ÷ 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?

Accepted Answer

$240

Answer

Simple interest = $2,000 × 0.03 × 4 = $240.

Question 5

On a number line, which value is farthest from zero?

Accepted Answer

-7.2

Answer

Distance from zero is the absolute value; |-7.2| = 7.2 is the largest.

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